SEPA Direct Debit Service of SIX
Based on the schemes by the European Payments Council, SIX enables banks to collect SEPA-compliant direct debits throughout Europe.
The SEPA Direct Debit Scheme was introduced throughout Europe in November 2009. Financial institutions in the EU are required to participate in the scheme. The national procedures – in Switzerland LSV+ and BDD from the banks and Debit Direct from PostFinance – will remain in existence for the time being.