A direct debit is a convenient payment method where you authorize a payee to automatically withdraw funds from your Tide Business Account. You can use it to pay your bills, your rent or your taxes automatically.
You can set up multiple direct debits, and there is no fee for this service. You review your direct debit scheduled for a payment in the SendMoney → Manage → Direct debits.
SEPA Direct debits can only be set up in Euros through our SEPA Core direct debits scheme, which allows the collection of funds from your Tide Business Account. Currently, we do not support the SEPA B2B direct debit scheme.
