LSV+/BDD

Secure collections

You want to be sure that you can collect your monthly receivables without any delays. All you have to do is arrange with your clients to set up the direct debiting system (LSV+/BDD) – and the prompt and secure collection of your receivables is guaranteed.

Application

LSV+: Collect regular receivables from the same payees (Business to consumer with right to object)
BDD: Collect regular receivables from the same payees (Business to business without right to object)

Major advantages

Improved liquidity planning through incoming payments arriving on time
Streamlined monitoring of accounts receivable and reminder process
Reduction of administrative burden for both you and your clients
Delivery possible via UBS KeyDirect or Swiss Interbank Clearing AG
As with BESR, incoming payments can be monitored electronically via UBS e-banking and UBS KeyDirect
Collections possible in CHF and EUR

Requirements

If LSV file is delivered via UBS KeyDirect:

Legal acknowledgement to UBS of LSV+/BDD conditions
A UBS account
A direct debit authorization (CHF or EUR) from any client from whom the beneficiary wishes to collect payments in Swiss francs or euros via LSV+/BDD
Your clients must have an account with a bank in Switzerland or Liechtenstein
Accounts receivable bookkeeping with a UBS KeyDirect and LSV+/BDD interface
If the bookkeeping program does not feature a UBS KeyDirect interface, an LSV+/BDD entry program may be used. In this case, data are transmitted via Swiss Interbank Clearing AG's payCOMweb.

Further information

Alternative product

Important legal information - please read the disclaimer before proceeding.

Products and services in these webpages are not available for US persons, for the exclusion of residents of other nations see the disclaimers relating to the actual services.