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A Direct Debit is an instruction from a customer to their
bank or building society authorizing an organization to collect
varying amounts from their account, as long as the customer
has been given advance notice of the collection amounts and
dates.
Around
16,000 organizations use Direct Debits for collecting a variety
of regular and occasional bills including utility payments,
insurance, council tax, mortgages, loans and subscriptions.
The
reassurance of knowing that every Direct Debit is protected
by three main safeguards: an immediate money back guarantee
from the bank or building society if an error is made, advance
notice from the organization if the date or the amount of
the Direct Debit changes and ultimately, the right to cancel.
Visit Direct Debit's website at
www.directdebit.co.uk
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