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moviuro
7y ago
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No, they don't take 13 months to clear. The idea is to protect the payer (the one losing money) from either their human error, or an unlawful debit.
See
https://www.europeanpaymentscouncil.eu/what-we-do/sepa-direc...
.
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dkersten
7y ago
Is that for “direct debit” only or all transactions?
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