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Tatra banka

24.10.2016 00:03

SEPA direct debit

Make your regular payments in EUR to SEPA countries comfortably. SEPA direct debit ensures

  • faster payments within the territory of the majority of European countries
  • same charges like in case of domestic payments
  • no risk of payment delay




With a current account in EUR you can make all your regular payments (advance payments, invoices, etc.) both within the territory of Slovakia and also in the countries of the European Union and the European Economic Area:

  • Simply
    An easy way of making payments for goods and services. Simply activate a SEPA direct debit and you do not need to care for clearing any longer. Collection beneficiary debits the requested sum of the payment from your account.
  • No risk
    No payment delay and related consequences. You can specify the maximum sum of one or all payments, determine the mandate validity period, refuse the next direct debit, ask for payment refund or eventually block any direct debits from a particular, undesired beneficiary.
  • Fast
    The payment is debited from payer's account on the same day as it is credited to beneficiary's account.


SEPA direct debit is a non-cash payment in EUR within the SEPA area. It is executed on basis of a payment order from the payment beneficiary while the payer gives consent (mandate) to the execution of a SEPA direct debit directly to the beneficiary.

Do you pay rent, holiday or telephone bills? You can make use of SEPA direct debit for making any regular or single payments.

SEPA direct debit can be used not only in Slovakia but also in all SEPA countries (Single Euro Payments Area) representing all countries of the European Union along with Iceland, Liechtenstein, Norway, Switzerland, Monaco and San Marino.

SEPA collection can be executed in CORE (for all clients) or B2B scheme (only for legal entities).

Basic differences of B2B compared with CORE:

  • Collection possible only between legal entities
  • Required specific type of mandate contract between the creditor and the client
  • Client (payer) can not ask for SEPA collection refund
  • Only for level 2 of account access

Tatra banka acceded to B2B scheme as of 7 July 2014.



SEPA direct debit process

SEPA direct debit process

The entire process relieves the payer of redundant activities and leaves all duties to be attended to by Tatra banka and a payment beneficiary.

There are several parties that are engaged in utilisation of the product: a payer, a beneficiary and banks of both parties.

SEPA direct debit process

Steps taken by payer
Signing the SEPA direct debit Mandate The payer and the payment beneficiary agree on the payment method by means of the SEPA direct debit upon a purchase of goods or a service.
Accessing of the account If the payer´s level of the account access is 2, i.e. the account with conditional collection, he/she/it grants Tatra banka consent to SEPA direct debit.
Steps taken by beneficiary
Notification of collection The beneficiary sends the payer an advance notification 14 days prior to the maturity date; unless otherwise arranged with the payer.
Payment order for collection The payment beneficiary sends a payment order for collection by means of their bank to the payer´s bank.
Steps to be taken by bank
Debiting money from the account
If the payer made their account available for SEPA direct debit payments, the payment will be debited from the payer's account on the clearing date.
Crediting money to the account
The money is credited to the beneficiary's account on the same date.


Setting a direct debit authorisation is free of charge. A regular SEPA direct debit is included in Tatra PersonalTB service packages. The current amount of a SEPA direct debit charge outside the service package is available in the Service Charges.




1. The payer signs the SEPA direct debit mandate with the collection beneficiary.

2. The payer makes the account available with the bank.

Every Tatra PersonalTB service package maintained in EUR is concurrently made available for SEPA direct debits at various levels that you can change:

Level 1: Allows the execution of all SEPA direct debits from your account on basis of a received payment order sent by the direct debit beneficiary. However, you can define so-called undesired beneficiaries. A payment order for SEPA direct debit received from an undesired beneficiary will be automatically rejected.

Level 2: Only those collections will be executed from your account on basis of a received payment order for SEPA direct debit where you grant consent to a SEPA direct debit also with Tatra banka.
Granting a consent to a SEPA direct debit can be executed either by means of your Internet banking (as of 1 February 2014), or at any branch of the bank.
Have ready a signed SEPA direct debit mandate. You will use it with completing the mandatory requirements of consent to a SEPA direct debit.

Level 3: no SEPA direct debit will be executed from your account

All accounts in EUR currency are set for the level 2. A client can change the level of account accessing free of charge.



SEPA direct debit

The SEPA direct debit is a cashless payment executed in euro within the SEPA area. It is executed on basis of a payment order from the payment beneficiary. The payer does not grant their consent (mandate) to SEPA direct debit execution to the bank, like until this day, but directly to the payment beneficiary. In case of direct debit authorisations (mandates) established after 1 February 2014 clients with access to their account of level 2 set their direct debit mandate also to Tatra banka. Transformation to SEPA format requires no activity on the payer´s side, direct debit mandates set before 1 February 2014 remain valid. Companies which are interested in repayment of their receivables by means of SEPA direct debit ask for the assignment of a so-called beneficiary identifier (CID - Creditor Identifier) via their bank. This number will serve for authorisation of direct debit by the processing bank instead of the currently used beneficiary´s account. Creditor Identifier is assigned in the Slovak Republic by the National Bank of Slovakia.

Direct debit mandates, as well as payment orders for SEPA direct debit themselves contain new fields that are not being used today, e.g. CID and UMR. Direct debit maturity will be specified directly by the payment beneficiary while in case of insufficient funds in the payer´s account it will automatically be rejected, i.e. possibility of payment repetition in case of insufficient coverage is cancelled. On the other hand, collection companies will be able to send collections abroad, which is not possible today. All domestic collections will become SEPA direct debits as of 1 February 2014.

The CID is a so-called "Creditor Identifier", i.e. unique identifier of direct debit beneficiary. Every firm that wants to receive SEPA direct debits asks for the assignment of a CID and is registered under this identifier in the so-called Creditor Register. The Creditor Register administrator in the SR is the National Bank of Slovakia. The client asks for issue of a CID with client´s bank which intermediates this request to the Creditor Register administrator.

The UMR is a "Unique Mandate Reference", i.e. unique reference of the mandate that serves for identification of the collection relationship. It is arranged in the agreement between the payer and the beneficiary. For instance, if the client pays one collection company for several services, the respective firm is identified by one CID while every collection relationship (payments for various services) has assigned own UMR.

The mandate is authorisation for execution of a SEPA direct debit granted by the payer to the direct debit beneficiary by signature. On basis of such mandate the direct debit beneficiary is entitled to send a payment order for SEPA direct debit to the payer´s bank.

This parameter defines the behaviour of a current account towards SEPA direct debits. Banks in the SR provide three levels of granting access of the account for SEPA direct debit:
Level 1: allows execution of all payments from the payer´s account on basis of a received payment order for SEPA direct debit. However, the payer can define a list of so-called undesired beneficiaries.
Level 2: only those payments will be executed from the payer´s account on basis of a received payment order for SEPA direct debit whereto the payer set the direct debit mandate also with the payer´s bank.
Level 3: no payment related with SEPA direct debit will be executed from the payer´s account.
All euro accounts has set the level 2 which can be changed upon client´s request.

Yes, collection authorisations the payers set with their banks before 1 February 2014 will remain valid after this date, i.e. they will be valid also for SEPA direct debits.