The Italian Direct Debit System
An instance of effectivity
Principally the Italian Direct Debit, referred to as CBI, is likely one of the most superior in Europe. The system is break up into two separate actions:
1) Digital File Alignment (AEA)
2)Direct Debit Monetary (CBI)
The primary surroundings has the flexibility to provoke the alignment between the Firm and Banks by way of a Processor which offers all the extra required, from formatting the phisical file to diagnostic and validate the Financial institution coding by various formality stories (i.e. file acquired, file despatched to Banks, Banks acquired file, amassing accomplished, Financial institution returning in a numerous of Return Direct Debit facet – Technical/Derogatory/Mandate not aligned/Mandate revoked by Financial institution initiative, Buyer complain and so forth). The seconnd surroundings, the CBI manages the Direct debit initiation by sending the Monetary file to the interbanking community, following a cycle of each hour. This creates the chance to resubmit the quantity beforehand rejected for “any purpose” and agree with Buyer a line to get better the whole quantity 효성cms.
The rules are at present beneath the SEPA enhancements (Single Euro Fee Space) which has launched the IBAN as necessary (Worldwide Financial institution Account Quantity) and within the close to future the BIC (Financial institution Identifier Code).
The Italian Market is at present managing the the IBAN enhancement of B2B and B2C facet.
SEPA will present various widespread rules which might be built-in into the Italian Nationwide Scheme (CBI).
The CBI (at present the model is 2.0) has a hyperlink with the Interbanking Community and the flexibility to ship the DD recordsdata in peer-to-peer mode in a XML format.