UMR (mandate reference) Definition.

Unique Mandate Reference: an identifier (up to 35 characters) that the creditor assigns to each SEPA direct debit mandate. Together, the SEPA creditor identifier (SCI) and the UMR identify the mandate uniquely across the SEPA area, and they must appear in every SDD collection and in the pre-notification sent to the debtor. Changing the UMR without issuing a new mandate causes rejects.

See also

→ SDD→ SEPA creditor ID (SCI)

Where this term appears

GuideThe role of banksGuideMerchant, acquirer, PSPGuidePayment regulationGuideAgents, distributors, and banking-as-a-service: who is liable for whatGuidePayments in GermanyGuidePayments in AustriaGuidePayments in the BalkansGuidePayments in the Baltics and FinlandGuidePayments in the Netherlands and BelgiumGuideProtecting customer funds, and what happens when the institution failsGuideThe PSD2 framework contract and conduct-of-business rulesGuidePayments in Germany, Austria, and Switzerland

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