# Banking & SEPA direct debit: FinTS and matching > Fetch transactions via FinTS, collect invoices by SEPA direct debit, pay suppliers with payee verification. Your bank statement is matched automatically. Source: https://1x1it.de/en/workorderagent/banking/ Fetch transactions from all your banks automatically, collect invoices by direct debit, pay suppliers straight from the accounts payable list. Nothing forgotten, nothing retyped, no waiting for payments to come in. [Try it free for 20 days](https://1x1it.de/shop/) [Request a demo](https://1x1it.de/en/kontakt/#anfrage) Banking & SEPA Module - **Part of:** ERP module - **Included:** all modules (winter special) - **Bank access:** FinTS/HBCI (the German online banking standard), CSV as fallback - **Approval:** Payment password and pushTAN - **Direct debit:** digital SEPA mandate in the customer portal - **Transfer:** with payee verification (VoP) ## The complete direct debit cycle, without paper and without the bank portal From mandate to booked payment, everything runs in one system. - Grant the mandate: Your customer signs the SEPA mandate on screen in the customer portal, documented as a PDF. IBAN and BIC are checked against the bank directory at the same time. - Issue the invoice: The invoice and the invoice email automatically contain the collection amount, date and mandate reference, which is the required pre-notification. - Collect: The direct debit centre shows all invoices ready for collection, preselected. Password, one pushTAN for the whole batch, done. - Book automatically: The bank statement arrives via FinTS, the matching recognises the collection including any early payment discount and closes the invoice. ## A direct line to your bank Without opening the bank's website. [FinTS account retrieval Sparkasse, Volksbank, TargoBank, DKB, Commerzbank, ING, Postbank and practically every German bank. The connection address is found from the bank sort code. Details](https://1x1it.de/en/workorderagent/banking/fints-kontoabruf/) [Daily retrieval Approve once, retrieve automatically for up to 90 days (PSD2 exemption). When the approval expires, the system reminds you by email. Details](https://1x1it.de/en/workorderagent/banking/taeglicher-abruf/) [Transfers with payee verification Pay suppliers from the accounts payable list, with name matching (Verification of Payee), early payment discount suggestion and automatic booking. Details](https://1x1it.de/en/workorderagent/erp/sepa-zahllauf/) [SEPA batch direct debit Collect all due invoices in one run, with a collection date per customer. Weekends are skipped automatically. Details](https://1x1it.de/en/workorderagent/banking/sepa-lastschrift/) [Automatic matching Nine passes assign transactions: invoices, suppliers, loan instalments, utility prepayments and discounted payments, each with a supporting document. Details](https://1x1it.de/en/workorderagent/erp/bankabgleich/) [View-only accounts Retrieve private or reserve accounts too and keep an eye on them, without them ending up in your accounts. Details](https://1x1it.de/en/workorderagent/banking/nur-anzeige-konten/) [IBAN and BIC check Check digit and comparison with the bank directory on every entry. Transposed digits are spotted immediately. Details](https://1x1it.de/en/workorderagent/banking/iban-pruefung/) [Double-secured Every payment needs a payment password and a pushTAN in your banking app. The PIN is stored encrypted, hosting in Germany. Details](https://1x1it.de/en/workorderagent/banking/sicherheit/) [Account detection During setup the system shows all accounts under your bank login. You add missing ones with a tick, without a new approval. Details](https://1x1it.de/en/workorderagent/banking/konten-erkennung/) ## In detail - Digital SEPA mandate: Signature on screen or touchscreen, mandate PDF with timestamp and proof of origin, automatically stored in the document archive and the customer portal. - Mandate management: The customer can revoke the mandate in the portal at any time, and the documents are then marked as invalid. The system manages first and recurring direct debits (FRST/RCUR), and mandate references are never reused. - Fast collection with discount: Your customer chooses in the mandate: collection on the payment due date, or within 5 days with a 2% early payment discount. The reduced payment is automatically booked as a discount, even if you submit late. - Pre-notification built in: The SEPA pre-notification appears on every invoice and in the invoice email, with a separate, customisable template for direct debit customers. - Direct debit centre with filter: By default you only see invoices ready for collection (2 days before the date) with an active mandate and a completed pre-notification, preselected for ticking off. - Plain language for bank errors: If a submission fails, the system shows your bank's exact response instead of an error code. - Pending transactions: Transactions that have not yet been booked are shown if the bank supplies them, separately from the accounts. - CSV import as fallback: Bank without FinTS? Upload the bank statement as a CSV. Duplicates of the FinTS retrieval are detected automatically. ## Related [ERP & accounting Receivables, payables, BWA (monthly management report)](https://1x1it.de/en/workorderagent/erp/) [Order management Invoicing and dunning](https://1x1it.de/en/workorderagent/auftragsverwaltung/) [E-invoicing XRechnung and ZUGFeRD](https://1x1it.de/en/workorderagent/e-rechnung/) [All modules The WorkOrderAgent at a glance](https://1x1it.de/en/workorderagent/) ## No more writing payment reminders Try it free for 20 days with no contract commitment. We help you set up bank access and direct debit. In the winter special: all modules in one package at no extra charge. If you sign up now, you keep the benefit afterwards too. [0173 644 22 17](tel:+491736442217) [Request a demo](https://1x1it.de/en/kontakt/#anfrage)