The CH-DD Direct Debit (Swiss Direct Debit) is offered in two versions
- CH-DD Direct Debit with right of objection (Swiss COR1 Direct Debit)
- CH-DD B2B Direct Debit without right of objection (Swiss B2B Direct Debit)
The CH-DD Direct Debit scheme can be used to debit both private and business customers. This scheme includes the right of objection. CH-DD B2B Direct Debit is the PostFinance payment scheme for the settlement of debits for business customers as invoice issuers and business customers as payers. A feature of this scheme is that payers have no right of objection.
Procedure:
- Ask the invoice issuer whether they offer the CH-DD Direct Debit (Swiss Direct Debit) service.
- If so, ask the invoice issuer for a direct payment authorization form.
- By signing the form, you authorize the invoice issuer to debit the outstanding invoice amounts directly from your account on the due date.
- For the CH-DD B2B Direct Debit scheme, the payment authorization must be issued to PostFinance before the first debit.