What is a Direct Debit?
A Direct Debit is an instruction from a customer to their bank or building society 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.
The merchant (or third party provider) typically captures and submits this authorisation to the your bank on your behalf.
To protect you from unscrupulous merchants, as part of the Direct Debit Guarantee there are certain conditions that the merchant has to meet, such as advance notice of the amounts and dates of collection.
Once you have agreed the instruction, the money is deducted automatically from your account. If the merchant you are paying wants to change an amount or date of collection, they have to tell you about it first in advance.
Direct Debit is a simple and convenient way for you to pay regular and occasional bills.