Payment convenience for you and your customers
Euro collection (Euro-incasso) enables you to debit money from the accounts of private individuals and companies via Rabo business banking or Rabo business banking for professionals (Rabo Business Banking / Rabo Business Banking Professional). The party that owes you money gives you prior permission in the form of an authorisation. The same party then has 8 weeks to have the transaction reversed if necessary.
Receiving money via Euro-incasso is one of the most accepted forms of payment in the Netherlands. There is also a Business-to-business variant which allows you to collect payments from your business customers without them having the right to reverse payment.
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