Banco Central de Costa Rica


Direct Debiting


This service was launched in December 2001, and it is used to make periodic payments, such as installments for acquisition of goods and services, subscriptions, membership fees, and so forth.


It is designed for individuals and juridical persons to do periodic, large-scale collections through their financial entities, from their clients’ accounts for the sale of goods or services, regardless of the geographical location of their debtors and of their financial entity.


To collect money using this service, the debtor only has to authorize the debit to his or her account, according to the conditions agreed upon with the seller, which is done through a Direct Debit Order. This procedure is not carried out when both  the debitor and the creditor are the same person.


Customers must periodically authorize debits to their account.


The commission charged for this service depends on the entity in which it is carried out, since each of them has established its own commissions; information about these rates can be obtained in the section on fees and commissions in the page commissions charged by financial entities.


 Región de Acordeón

Using this service


The Direct Debiting Service may be used for periodic, large-scale collections, for example:

• Credit sales

• Utilities (Electricity, water, telephone, Internet)

• Rentals

• School/university tuition fees

• Subscriptions/memberships (newspapers, gym, magazines, clubs.)

• Insurance

• Articles sold on credit

• Accounts receivable


Credit cards, etc.


For the individual/juridical person collecting the payment:


Collections can be made in an easy, timely fashion: The providers of goods or services are not forced to keep and account at the same financial entity as their clients, since such collections can be made between different financial entities.


Funds are safely received: Collected funds are received electronically, thereby eliminating the risk of theft and robbery, as opposed to traditional methods such as cash an checks.


Regulation of terms for fund crediting - If funds were not credited to your account at the time defined in the corresponding regulations, a client may file a claim.


Accounts receivable are kept up to date:  Because there is no need to wait for clients to make their payments, but instead are collections processed on a specified date, there will be less of a chance for backlogs in your accounts receivable, while also reducing the cost of collecting them after the agreed date.


For the physical/juridical person making a payment:


More efficiency in payments - A customer obtaining a good or service for which it has to make periodic payments should do a Debiting Authorization procedure only once, so that providers can collect their payments without the customer having to go physically or move any cash. Hence the savings in cost such as paying a person to make the payment through conventional methods, generation of interest due to delinquency payments, and the opportunity cost due to suspension of a service.


More geographical coverage:  Debiting authorizations may be requested anywhere in the country and with any financial entity where interested parties may keep their accounts, since this system has country-wide coverage.


Risk of loss and theft is eliminated, as payments are made electronically and automatically.

Working Hours

The Direct Debit Clearing service operates on SINPE working days, on a one-day cycle. This means that for any collection procedure carried out by a person through a financial entity on a given day, cash will be available at the latest at 10:00 pm on the day that transaction was carried out through SINPE.

Example of Use


You go shopping using your credit card, and therefore each month you have to actually have to go to the issuing financial entity to make your payment. This means you have to spend time and money on this on a regular basis, aside from the risk involved in moving with the cash.


To prevent this situation, you come to an agreement with the card’s issuer, authorizing it to automatically debit the amount from your Cuenta Cliente every month. This way, you will not incur in interest due to delinquency payments, as your credit will be up-to-date, while the issuing financial entity will also make its collections regularly and in a cost-effective manner.

Related Documents


System of Payments Regulations (Spanish)

Complementary Rule on Direct Debiting (Spanish)

Complementary Rule on Money Claims (Spanish)




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