The payee enters into a contractual relationship with the bank with which he has an open transaction account for the implementation of SEPA direct debits. An integral part of the contract are
the General Terms and Conditions for SEPA Direct Debit for Recipients of Payments. Nova KBM implements SEPA direct debits in accordance with the bank's schedule for consumers, private individuals and entrepreneurs, or in accordance with the schedule for legal entities.
The exchange of data between the payee and Nova KBM takes place in accordance with the Manual for the use of the UNIFI standard (ISO 20022 from point 4.1.1).