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What is e-Checking SEPA Direct Debit Core?

SEPA definition:

The Single Euro Payments Area (SEPA) stands for a European Union (EU) payments integration initiative. With the introduction of the euro currency in 1999, the political drivers of the SEPA initiative - EU governments, the European Parliament, the European Commission and the European Central Bank (ECB) - have focused on the integration of the euro payments market. Since then, the political drivers have called upon the payments industry to bolster the common currency, by developing a set of harmonized payment schemes and frameworks for electronic euro payments.
(German:SEPA-Lastschrift , French:prélèvement SEPA) 

Make payment simpler by authorizing direct debit to your EUR account
Direct Debit is a payment method that allows you to pre-authorize payment to complete orders. 

e-Checking SEPA supported EUR currency only.

SEPA Benefits:
One-stop FX exchange and payment
Competitive FX rates 
Safe transfers (funds take 9-10 working days to reach the supplier’s account)
Convenient online payments (similar to credit card online payment process)

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