A Direct Debit can be set up via secure online banking, over the phone or through a paper Direct Debit Instruction form. As an organisation, you can collect Direct Debit payments from your customers at any time. Payment requests need to be submitted through Bacs and the customer needs to be notified in advance.
How do I set up a Direct Debit?
- Get a direct deposit form from your employer.
- Fill in account information.
- Confirm the deposit amount.
- Attach a voided check or deposit slip, if required.
- Submit the form.
Do I need to contact my bank to set up a Direct Debit?
Setting up a new direct debit You will need to contact the company or organisation you want to pay - this can be done over the phone, online or by post - they will be able to set up the direct debit for you.
How much does it cost to set up a Direct Debit?
No. Banks don't charge you for making or setting up Direct Debits.
How do customers set up direct debits?
- Choose your direct debit provider.
- Add customers and invite them to pay through direct debit.
- Set up your payments.
- Your customer is automatically notified before a payment is collected.
- Payment clears in your account minus the provider's fee.
Can a person set up a Direct Debit?
With some banks and building societies, you can set them up online or over the phone. You can complete a standing order form and give it to your bank. You'll need the account number and sort code of the person you're paying.
Can an individual set up a Direct Debit?
This could be to a friend or family member or it could be a bill payment or a payment to a credit card company (Barclaycard or otherwise). A Direct Debit can only be set up by the organisation to which you're making the payment.