Technical Terms

In the "Knowledge" section, we have compiled a glossary for you on the topics of risk and receivables management, e-commerce, payment and payment protection.

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    Creditor identification number

Creditor identification number

The creditor identification number is an account-independent reference to the creditor of a Direct Debit. It is used for the SEPA direct debit procedure. The aim of this is to prevent unauthorized receivables and funds transfers.

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