BofA Merrill has chosen Sential's Origix Corporate as their solution for SEPA Direct Debit mandate management. This solution will enable BofA Merrill to offer full mandate life-cycle management and the enrichment of legacy collection files to SEPA-compliant standards, as required from 1 February 2014. It also enables the migration of legacy mandates to SEPA Direct Debit, ongoing mandate management, document handling and the generation of payment instructions.
BofA Merrill clients will be able to use the solution with minimal changes to their existing processes.
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