Anatomy#
The following state diagrams explain the flows of mandate setup and payment creation. There's also a short section on how timings work per scheme.
Mandate setup#
Payment creation#
Timing by scheme#
Direct Debit payments don't process instantly and work differently from card payments. Timings vary by scheme — expand the relevant one below.
Bacs (UK)
- Mandate already in place: collected 2 working days after submission, 95% confirmed after 3 working days, 100% confirmed after 4 working days.
- Mandate also needs to be created: add 2 working days to each of the above.
Customers must be notified at least 3 working days before payment leaves their account.
ACH (US)
- Standard ACH: 4–5 business days.
- Faster ACH via GoCardless: 2–3 business days.
Autogiro (Sweden)
- New mandates take up to 6 interbank business days before payments can be submitted under them.
- Submit all payment collections 2 interbank business days before the payment due date.
Customers must be notified at least 8 working days in advance.
BECS (Australia)
- Submit all payment collections 1 interbank business day before the payment due date.
BECS NZ (New Zealand)
- Submit all payment collections 2 interbank business days before the payment due date.
Betalingsservice (Denmark)
- New mandates must be created at least 1 working day before payments can be created.
- Submit collections 8 working days before the end of the month preceding the target payment month.
PAD (Canada)
- Submit all payment collections 3 interbank business days before the payment due date.
PayTo (Australia)
No advance notice period. Payments can be taken almost instantaneously.
Faster Payments (UK)
No advance notice period. Payments can be taken almost instantaneously.
SEPA Core (Europe)
- Submit all payment collections 1 interbank business day before the payment due date.
- Notify customers 2 working days in advance, or as soon as the payment is created if it's within 2 days of collection.