What is a mandate?

The mandate is an integral part of the SEPA (Single Euro Payment Area) direct debit flow. When you accept the SEPA mandate, our partner, Solarisbank AG, is authorised to withdraw money from your selected bank account and deposit it into your Savings Sock.

Other articles you might find interesting:

What is a SEPA money transfer?

Which countries support SEPA money transfers?

 

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