How can I use the product?
SIPO (Soustředěné Inkaso Plateb Obyvatelstva / Centralized Collection of Household Payments) is a service designed for clients - physical persons. It gives you the possibility to make all regular household payments in one aggregate cashless payment from your account.
What are my benefits?
- One single contract on direct debit from your account (SIPO) releases you from the obligation to monitor the deadlines for household payments and saves your time.
- By means of SIPO you can pay:
- the rent
- power, water, gas payments
- broadcast and television fees
- telephone bills
- press subscriptions
- and others.
- LBBW Bank CZ a.s. shall arrange for a well-timed and regular transfer of the payment prescribed by the collection centre.
- You can set a limit for the collected amount - thus, you have your household payments under control.
- By means of one single payment via SIPO, you pay several partial bills and save fees related to individual payments.
- You can pay several direct debits from 1 account (payments related to various connection numbers of SIPO payers).
Who can tell me more?
For more information, please contact our branches.
What else do I need to know?
To activate the SIPO service you need:
- a current account in CZK kept with LBBW Bank CZ a.s.,
- to submit a SIPO record or give the SIPO payer connection number and the code of the branch, stated in the SIPO record.
The application for introduction, amendment or cancellation of SIPO payments needs to be submitted until the 15th day in the month so that the service is active for the following month.
Direct debit at LBBW Bank CZ a.s. is free-of-charge, for other fees please take a look at the "SIPO Fees".
