How do I fill out a SEPA mandate?

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FRST (first payment)
RCUR (recurrent)
OOFF (one-time payment)
FNAL (last payment)
In the case of one-off debits, the request must be submitted to the bank at least 7 business days before collection. For recurring debits, the deadline is 4 business days.

To illustrate how it works, let's take an example. A resident of Spain who regularly buys imported food on a monthly basis can generate a SEPA Mandate so that the company located in another country (Germany) can automatically collect the payment. Of course, this can work regardless of whether it is a one-off or recurring payment.

SEPA B2B Mandate
The SEPA B2B Mandate is used exclusively for business-to-business transactions or between a sole proprietor and a company. It is mainly used for recurring payments such as loan repayments or large purchases. Unlike the SEPA Core Mandate, the B2B Mandate does not allow the return of payments once they have been authorised, which provides greater security for creditors.

The SEPA B2B mandate must be issued and signed by both parties, and the bank that receives the direct debit mandate is obliged to keep the document for as long as the mandate is valid. In addition, it is mandatory that these transactions be carried out in euros and only between business entities within the SEPA area, excluding end consumers.


The process for completing a SEPA mandate varies depending on the type (Core or B2B), but both must meet certain basic requirements and contain detailed information for their correct execution:

Creditor details :
Creditor name : full name of the entity that will collect the payments. Example: "Servicios Energéticos, SA"
Creditor ID : The creditor identification number (ID), which is mandatory. This number can be provided by the entity that is collecting the debt.
Full address : Add the creditor's mailing address, including street, city, and zip code.
Debtor's data :
Name of the debtor : full name of the person or company list of austria cell phone number authorizing the collection. Example: "Juan Pérez García" or "Company XYZ, SL"
Full address : postal address of the debtor.
IBAN account number – you must provide the IBAN of the account from which payments will be made. Please ensure that the IBAN is correct and belongs to the mandate holder.
BIC : optional, but in some cases the BIC (Bank Identifier Code) is requested, which identifies the bank.
Mandate Reference - This field can be provided by the creditor and serves to uniquely identify the mandate. Example: "Ref825859852".
Date and place of signature : it is necessary to indicate the date and place where the mandate is signed. Example: "Madrid, September 12, 2024".
Signature of the debtor : the debtor must sign the mandate to authorize the direct debit. If it is a company, it may be necessary to include the signature of an authorized representative.
In the case of a SEPA Core Mandate, the form must include an authorization for the debtor's bank to process the debit instructions. The debtor has the right to request a refund of any unauthorized transaction within eight weeks of the debit.

For the SEPA B2B Mandate, in addition to the above data, additional confirmation is required from the debtor, who must notify his bank about the mandate before the first collection. Since the refund of payments is not allowed in this type of mandate, it is crucial that all parties review and sign the document carefully to avoid errors or misunderstandings.

Formats in which a SEPA mandate can be generated: