What can you do if direct debits are set up on your account without permission? The direct debit guarantee means customers should not lose out financially if mistakes are made on the system. But how ...

Organisations using the Direct Debit Scheme go through a careful vetting process before they're authorised, and are closely monitored by the banking industry. The efficiency and security of Direct ...

As more banking transactions execute through electronic interchanges, banks have made it easier than ever for you to handle your money without using cash or checks. One feature of electronic banking ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Collecting customer payments via Direct Debit can be efficient and secure ...

Banks are cancelling direct debits if they have not been used for 13 months without notifying their customers, which could leave some with unpaid bills and late payment fees. The little-known Dormancy ...