You can now sign and use a B2B SEPA direct debit (SDD) mandate to easily fund your iBanFirst account directly from your iBanFirst platform, instead of logging to your bank platform and manually making a wire transfer to your iBanFirst account.
- Sign the B2B SDD mandate
- Send the mandate to your bank
- Use the mandate to fund your iBanFirst account
Sign the B2B SDD mandate to your bank
The B2B SDD mandate can be signed when connecting a bank account to iBanFirst platform. Simply connect to your bank, select the account to be synced, and check the "SEPA direct debit" option:
Send the mandate to your bank
Once signed, you need to send the mandate to your bank to have it registered. We do €1 test direct debits to confirm that the mandate has been correctly registered. The mandate is considered as active after a first successful direct debit. You receive notification emails for each successful or failed direct debit.
Use the mandate to fund your iBanFirst account
Once the mandate is active, you can simply and easily credit your iBanFirst account by clicking on "Credit from external account".
Expect 5 working days to see the funds on your iBanFirst account.