What is a SEPA Credit Transfer and why do I need to reconnect my bank account for this?

The SEPA Direct Debit mandate payment in the app will be replaced by a SEPA Credit Transfer as from 19/12/2022, which will give you higher payment limits with the app and increase the convenience. 

What do I need to do?
You can continue to pay using your linked bank account up to 19/12. After this date, we kindly ask you to relink your bank account to the Payconiq by Bancontact app in order to continue using all the features. Discover here  the advantages of linking your bank account to the app. 

How do I relink my bank account to the app?

1. Open the Payconiq by Bancontact app 
2. Go to the Menu in the app and tap on ‘Payment methods’ 
3. Tap on ‘Link my bank account’ and follow the steps 

 

My bank is in the list: 

If you have a bank account of one of the following banks, you can immediately reconnect your bank account to the app: Argenta, AXA, Banx, Belfius, BNP Paribas Fortis, CBC Banque, Crelan, Fintro, Hello Bank!, ING, KBC Bank, KBC Brussels, Keytrade, vdk bank.

My bank is not in the list: 

This means that your bank does currently not support SCT payments. 

• Users with CPH and Bank Van Breda bank accounts will be able to do so very soon. We will keep them informed about this. 
• Users with a Beobank account will also be able to link it to the app during 2023.  
• Customers of the following banks will not be able to link their bank accounts to the app: ABN AMRO Bank NV, Aion, Europabank, F. Van Lanschot Bankiers , MeDirect Bank SA, NIBC Bank, Rabobank.be, Santander Consumer Bank, TransferWise, Triodos Bank, VRIJ. They can link another bank account.