Payments | Direct Debits

Paying your everyday bills (water, electricity, phone, etc) couldn’t be easier. Set up a Direct Debit and optimize the management of your periodic payments.

The Direct Debit System is an inter-bank system for automatic collections regulated by the Bank of Portugal. It allows the Creditor to centralize Direct Debits with Millennium bcp, regardless of the bank in Portugal where our Client’s customer (the Debtor) holds the account to be debited.

Along with the Portuguese Direct Debit System (SDD) there is now available the European Direct Debit System (SEPA), which includes the option for charges between companies (B2B).