SEPA (Single Euro Payments Area) is a European Union initiative to harmonise and simplify payments across the Eurozone. It is free and by far the safest, easiest and most convenient way to make payments. Therefore, Atlantic strongly recommends that you use SEPA Direct Debit for paying your premiums.
Being a “set and forget” payment method, SEPA saves you valuable time and energy as regards the timely payment of your premiums, thereby eliminating any possibility of misunderstandings due to missed or failed payments and the danger of your policy getting cancelled. Accordingly, upon your consent, premiums are automatically paid based on the premium payment scheme chosen by you at inception of the insurance policy, i.e., yearly, half-yearly, quarterly etc.
Setting up a SEPA direct debit is really easy. Just click here to fill and sign the appropriate mandate. Then forward it (by post or by hand) to any of our offices or to the email cc@atlantic.com.cy , along with a certificate of your bank details (IBAN).