From June 6, the business customers of KBC will be able to handle their European B2B direct debit mandates fully electronically. From then on, they will be able to settle these mandates in just a few clicks. To achieve this, KBC works together with Twikey, the Belgian market leader in the field of electronic direct debit mandates.

Creditors use B2B direct debits because they offer more security and guarantees than the European direct debit CORE. However, the follow-up of the approval of this type of mandates and the delivery of the mandatory data by the debtor to his bank often proofs to be a real hassle. To overcome this problem, Twikey has fully automated the handling process for direct debit mandates. From now on, the customer-debtor no longer has to visit or register his mandate at his bank. KBC customers can safely settle their direct debit mandate online in just a few clicks with their electronic identity card (eID) by using the user friendly Twikey internet environment.

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