When going through the DCC User Entry Process (UEP), the DCC will confirm if you are required to put in place a form of Credit Cover.
Please read the SECAS Credit Cover Guidance which provides an explanation of the SEC Credit Cover requirements in Plain English as well as helpful examples. The SEC Credit Cover obligations are set out in SEC Section J3.
It is important that your Party complies with these obligations to avoid entering into an Event of Default of the SEC, explained in SEC Section M8.1. If you are unsure whether you are paying the right amount, you can contact the DCC Customer Invoices Team.