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Read moreGlobal Standing Mandate lets your borrowers authorize automatic debits across every bank account linked to their BVN, not just one!


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Get to know about Global Standing Mandate
Access every account automatically with one authorization, and avoid chasing payments across scattered funds
Get complete account visibility
See all BVN-linked accounts upfront during repayment setup and seamlessly collect from backup accounts.
Ensure faster collections
Don't wait for borrowers to manually transfer funds to their primary account. Debit from any account with available balance for immediate recovery.
Reduce write-offs dramatically
Recover loans that would otherwise default. Multiple account access means you get paid even when borrowers move money between accounts to avoid repayment.
Making bank to bank payments
Set up a single mandate that covers all customer accounts with your borrower’s consent, then let our system handle intelligent fund recovery.
See a demo
Product benefits
We’ve built comprehensive API endpoints to retrieve financial data from your customers’ bank accounts
Identify which accounts have sufficient funds and debits in priority order. Get paid faster without manual account monitoring or borrower chasing.
Stop losing money to empty primary accounts. Automatically debit from any of your borrower's linked accounts when funds are available.
No embarrassing declined debits or repeated collection attempts. Seamless payment from available funds maintains good borrower relationships.
Testimonials
We can trust Mono over 90% of the time which is better than our previous provider. This ease & reliability are our favourite things about Mono.

Barima Effah-Adjei
CEO, Float
Migrating to Mono was seamless... Mono's customer support efforts have helped us to create a much better UX for our users.

Peter Olusesan
CEO, Inflow
What Global Standing Mandate offers
Start collecting direct bank payments with developer-friendly APIs
Full programmatic control over mandate initiation, BVN account discovery, and debit execution. Integrate directly into your loan management system.
Automatically identify all bank accounts linked to customer BVN. Get complete visibility into users’ existing banking accounts before setting up mandates.
Set debit priority across accounts. Try primary account first, then systematically attempt backup accounts based on your collection strategy.
How your business can build with Mono Direct debit
Mono is the open banking platform for the fastest-growing businesses in Africa.
More ways to use Global Standing Mandate
Secure and innovative payment methods all powered by Open Banking
Direct Debit
Your customers authenticate with Mono before payment is approved, reducing fraud risk and increasing transaction success rates.
Learn more
Direct Debit Pages
Your customers authenticate with Mono before payment is approved, reducing fraud risk and increasing transaction success rates.
Learn more
Integrating Global Standing Mandate
Get access to developer and business-friendly APIs that ensure comprehensive loan repayment collection.
Solving Problems
Connect to millions of customers across Africa:over 10+ million users have connected a financial account.
Meet your customers where they are:Connect across multiple institutions with access to over 50+ bank connections
Maintain data privacy with Open Banking standards:all connections are user permission-based only.

Contact us
Let's talk about how Mono’s Global Standing Mandate can improve your repayment collections.
Improve conversion
Win more customers
Increase revenue
Prevent fraud
Blog posts regarding Global Standing Mandate
Answers to questions you might have about Mono Global Standing Mandate
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