Practical SEPA Guide for PTAs and Associations

Everything you need to know about collecting fees via direct debit, explained step by step in plain language.

What's inside?

• 1. What is SEPA and why it matters to you
• 2. Advantages of direct debit over other collection methods
• 3. The SEPA mandate: what it is and how to get one
• 4. Mandate lifecycle and the 36-month rule
• 5. Key identifiers: IBAN, Creditor ID, UMR
• 6. Remittances and the pain.008 file
• 7. Sequence types: FRST, RCUR, OOFF, FNAL
• 8. Submission deadlines and the TARGET2 calendar
• 9. Pre-notification: legal obligation before collecting
• 10. Returns and rejections: what to do
• 11. SEPA compliance checklist (10 points)
• 12. Case study: a PTA with 150 members, step by step
• 13. Quick-reference SEPA glossary