A continuous direct debit authorisation is an authorisation by which you give permission for an amount to be automatically withdrawn from your account each month. This authorisation is divided into three parts:
- A Sepa continuous direct debit authorisation containing Riverty's head office address, collector ID and country
- Account holder information containing your name, address, IBAN and BIC code
- A continuous direct debit authorisation authorising Riverty to send a monthly direct debit order to your bank. You authorise your bank to continuously debit an amount from your account. This explains what you can do if you disagree with the payment.