Can Bip&Go collect SEPA Direct Debit payments from HSBC Global Money Account

decnine

I'm new to the forum and I hope I'm asking my question in the right place.

I'm planning a motoring holiday partly in France.  I want to set up a Telepeage Bip&Go account for using the no-stop lanes at the toll stations.  Bip&Go allow me to apply for an electronic badge but require the IBAN number of a UK account which will let them collect my toll payments through SEPA Direct Debit.  My standard HSBC current account seems not to be acceptable to Bip&Go.

Would a Global Money Account accept SEPA Direct Debit demands for payment in Euros from a French motorway company?

Marchitiello

I would suspect that it would not work. The IBAN associated to the GMA account is the same for all currency wallet and I would therefore guess is not set up to for SEPA direct debit. The HSBC Euro currency account, which you can also set up alongside your GMA account and used to receive incoming SEPA payments, may allow this. A direct question to HSBC though may give you the best answer 

Futuristic

I believe you need to open the specific currency account, the fee document mentions SEPA DD with 0 fee.

https://www.hsbc.co.uk/international/currency-account/

Alternatively could use Wise EUR account. 

[Deleted User]

IIRC RBS/Natwest Current accounts will accept SEPA Direct Debits in addition to the standard domestic ones. 

wmb194

I'd try Wise and HSBC first but another option is Fineco.