Direct Debit
Direct debit is the process of funds transfer from one bank account to another. Currently, the following direct debit systems are supported within the system: ACH for US and Canada, BACS for UK, SEPA for EU and Direct Entry for Australia and New Zealand.
For direct debit transactions, two fields are required:
- Bank identification number, submitted as
accountAccessory
- Bank account number, submitted as
accountNumber
To format these fields correctly, please use guidelines below depending on the country.
US ACH​
For ACH transaction processing in the US, the routing number is used as accountAccessory and its format is a nine-digit number. For example, 325070760
.
See this link for more information.
Canada ACH​
For ACH (EFT) transaction processing in Canada, the routing number is submitted as a nine-digit number including three required fields: three-digit institution number, five-digit branch number, and account number. For processing purposes of Canadian ACH, the institution number and branch number are combined in a single routing number value using the rules below:
- The Canadian routing number is comprised of three parts: a leading zero (0), three-digit institution number (YYY) and five-digit branch number (XXXXX), which go respectively all together with no dashes:
0YYYXXXXX
. Please, note that the institution number (YYY) should never be all zeros (000). See this link for complete list of institution numbers. - The
XXXXX-YYY
format with a dash between the branch number and the institution number is only valid for paper-type transactions, such as checks. Thus, if a check readsXXXXX-YYY
, the corresponding EFT code will be0YYYXXXXX
.
EU SEPA​
For SEPA transaction processing in the European Union:
Bank Identification Number (BIC)​
- Consists of 8-11 characters
- Comprised of:
- Four-letter institution code or bank code
- Two-letter country code
- Two-letter or two-digit location code
- Three-letter or three-digit branch code (optional)
See this link to have better understanding of BIC format.
Account Number (IBAN)​
- Consists of up to 34 alphanumeric characters
- Comprised of:
- Two-letter country code
- Two check digits
- Bank account number
See this link to have better understanding of IBAN format.
UK BACS​
For BACS transaction processing in the United Kingdom:
Bank Identification Number​
- Consists of 6 digits
- Comprised of:
- Two-digit bank code
- Four-digit branch number
- Example:
12-34-56
See this link to have better understanding of sort codes.
Account Number​
- Consists of 8-10 digits
Australia/New Zealand Direct Entry​
For Direct Entry transaction processing in Australia:
Bank Identification Number (BSB)​
- Consists of 6 digits
- Comprised of:
- Two-digit bank code
- Four-digit branch number
- Example:
033088
See these links for complete lists of bank codes:
Account Number​
- Consists of up to 17 characters