There are several methods for paying an invoice:
1) Commercial instruments (bills of exchange, promissory notes, discounting)
These payments follow strict formal rules. Payment is made on the agreed due date. Depending on the instrument, either the drawer orders the drawee to pay on a set date, or the debtor commits to paying the amount at maturity.
2) SEPA direct debit
Automatic debits help avoid missing due dates and prevent late-payment penalties.
3) Bank transfer
A common method that allows funds to be transferred quickly to the creditor. Payment can be made immediately upon receipt of the invoice.
4) Bank card
Payment can be made online or in-store, allowing settlement of goods or services on the invoice issue date.
5) Cheque
The debtor instructs their bank to pay the amount written on the cheque to the creditor. Types include standard cheques, bank cheques, open cheques, and certified cheques.
6) Cash
Cash payments may be accepted if the amount of the goods or services is under €1,000.
January 25, 2026 - BY Admin