Direct Debit (2024)

Bacs Schemes | Direct Debit

Direct Debit is the safest and most cost effective method of getting paid or for paying regular or occasional commitments.

A Direct Debit is an instruction from a customer to their payment service provider authorising an organisation to collect varying amounts from their account, as long as the customer has been given advance notice of the collection amounts and dates.

Paying by Direct Debit

Direct Debit is the preferred payment method of UK bill payers and it isn't only for household bills, businesses can benefit too by paying their regular or occasional commitments this way. The benefits are worth the few minutes it takes to set up a Direct Debit.

Collecting by Direct Debit

Direct Debit is the simplest way for organisations to collect regular or occasional payments from their customers - both business and consumer. It saves time, reduces the costs of collections and puts cleared funds directly into their bank account.

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Direct Debit (2024)
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