Can I re-present a collection using the SEPA Direct Debit Scheme?
YesThe SEPA Direct Debit scheme rules allow you to try again following a failed collection. Under the SEPA Direct Debit Scheme, a re-presentation of collection(s) is no different from a normal collection. Re-representing however, does have varying conditions for the Creditor at a country and bank level. For example, it is Irish banking law that only one additional collection attempt is permitted. Creditors can check the rules for them, and the countries they wish to collect from, via their Creditor bank.
Is there a separate transaction type for re-presenting?
NoThe same codes as used in the initial collection apply but, whether you can try again and, which code must be used depends on the collection type i.e. was it the First collection? And the timing i.e. was it Pre or Post settlement? The creditor must re-present transactions under the following transaction types:- First/Recurring/Once-off or final payment.