When it comes to the very lifeblood of business, optimisation working capital is essential. FD Gameplan explores the metrics of working capital performance for FDs, with insight and acumen from leading business strategists, and actionable analysis from our own trade experts.
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The SEPA Direct Debit scheme is designed to create a single, convenient and efficient way to accept and make Direct Debit payments in Euros, throughout the 27 European Union countries, plus Iceland, Lichtenstein, Monaco, Norway and Switzerland. It will help to facilitate and drive business across Europe.We are committed to helping pioneer new products like SEPA Direct Debit, as we strive to deliver new opportunities, efficiencies and revenue streams to our customers, at home and abroad. We’re at the forefront of change, for the present, for the future – and for the benefit of UK businesses trading across Europe. There are two schemes to choose from:Core SEPA Direct Debit Scheme• For transactions between businesses and consumers or micro-enterprises within the SEPA community• Can be used for single or recurrent collectionsBusiness to Business SEPA Direct Debit Scheme• Restricted to business customers which are non micro-enterprises• Responds to the specific needs of the business community with shorter timelines• Can be used for single or recurrent collections
The SEPA Direct Debit scheme is available to Lloyds Bank customers. To learn if this solution is suitable for your business contact your Relationship Manager.