On September 15, 2015 the European Payments Council (ECP) published new guidelines for the appearance of mandates for the SEPA Direct Debit (SDD) Core and SDD Business-to-Business (B2B) Schemes. The guidelines aim to reduce the complexity of mandates without losing essential or mandatory content and remaining Rulebook-compliant.

The EPC also provides advice on the circumstances in which the delivery of the debtor bank’s bank identifier code is mandatory in SDD transactions.