Direct debit

With the changeover to SEPA, national direct debit will be given up in Finland. Banks and invoicers recommend the e-invoice as a replacement for direct debit.

When the user adds the automatic payment feature to the e-invoice, payment of invoices will be as easy as by direct debit. Furthermore, the e-invoice has several supplementary services for invoice management. One of them is confirmation of e-invoices by text message, which makes the e-invoice a more present-day and even faster method of paying invoices than direct debit.

Many companies already offer the e-invoice to both consumers and companies as an invoicing alternative.  A list of invoicers offering the e-invoice is available on Nordea's website. Why not become one of them?

The Federation of Finnish Financial Services has published further information on the national direct debit and its termination schedules: www.fkl.fi.

National direct debit will terminate on 31 January 2014.

Effects on Nordea customers

A new direct payment service is being planned for personal customers who do not use Netbank. This service will function in the same way as the present direct debit. A direct payment is automatically debited to the customer's account on the due date.

We recommend that corporate customers start using the e-invoice. From the invoicer's perspective, a direct payment is an e-invoice to the bank and a notification of an invoice to the payer. This means that an invoicer can invoice all its customer groups by the e-invoice.

We will keep our customers up-to-date as the preparations progress.