While SWIFT is widely used for global payments, it’s not optimised for recurring debits.
The SEPA Direct Debit scheme provides a predictable and automated alternative.
Businesses gain transparency over settlement timelines and transaction costs.
Consumers and companies benefit from improved payment experiences.
Identifying the right rails helps reduce operational inefficiencies.
... https://www.tharvix.com/sepa-direct-debit-in-uk.php