Mambu Banking Engine

Ideas aimed to improve the current experience provided by the Mambu Banking Engine.

Block specific incoming direct debits

As a payment service provider, I need to be able to stop accepting (reject) direct debits on request from the end client and with effect from the date specified in the authorisation so that I comply with regulatory requirements of the Payments European DIRECTIVE 2014/92/EU (Art.10 Nr.3.)

What: A possibility to stop accepting direct debits from a specific Creditor account with effect from the date specified in the authorisation;

Why: To comply with the regulatory requirements of the DIRECTIVE 2014/92/EU (https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32014L0092&from=EN)

  • Alyona Gorlushko
  • May 26 2020
  • Attach files
  • Sebastian Schwittay commented
    4 Jun 08:55am

    In addition, the following legislation should be considered, when implementing the feature: https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32012R0260&from=DE Article 5 No. 3 d)

  • Sebastian Schwittay commented
    4 Jun 08:54am

    Creditor account should be identified by Creditor identifier according to SEPA rulebook.

    In addition, block should be possible for specific Mandate References.