Vivid's Blog

What is SEPA? How a SEPA transfer works
SEPA makes a euro transfer to a client in Lisbon as easy as one to a client in Utrecht. What SEPA is, which countries take part and how fast the money arrives.
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SEPA mandate: how a direct debit mandate works
Behind every direct debit there is a mandate: the permission to debit money from the account. What it contains, which kinds there are and how to withdraw a mandate.
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SEPA direct debit: how an automatic collection works
With a SEPA direct debit the payee collects the money itself, with the payer’s permission. How it runs, which time limits apply and what to do when a debit is wrong or fails.
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Hiring a debt collection agency as a freelancer: how it works
A customer who does not pay costs you money and time. What you do yourself first, when a debt collection agency comes in, who pays the collection costs and what to look for when choosing one.
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ING BIC code (INGB): what it is and when you need it
The BIC of ING is INGBNL2A. What the letters mean, how INGB also appears in your IBAN and when you have to enter a BIC, and when the IBAN is enough.
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Business payment request: how it works and what to watch
With a payment request your customer pays straight away, via a link or QR code. How it works, what the move from iDEAL to Wero means and how to show customers that your request is genuine.
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