The time has come: Red and orange deposit slips were finally replaced by QR invoices on 1st October and are no longer valid. What happens if you keep using them?
There’s a simple answer to that: Nothing. Your payment will not be processed. If you therefore have standing orders processed via obsolete red or orange deposit slips, you should change this as soon as possible. Otherwise, you will risk receiving reminders.
What if you receive a red or orange deposit slip? Check whether the deposit slips shows a complete IBAN number, and remit the amount to this account. If this is not the case, the only alternative is for you to request a QR invoice from the invoicing party.
Further information on QR invoices can be found here.