Direct debit: Difference between revisions
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imported>Doug Williamson (Add abbreviation.) |
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== See also == | == See also == | ||
* [[Continuous payment authority]] (CPA) | |||
* [[Debit]] | * [[Debit]] | ||
* [[Direct credit]] | * [[Direct credit]] | ||
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* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Request to Pay]] | * [[Request to Pay]] | ||
Revision as of 14:16, 20 January 2024
(DD).
A pre-authorised debit on the payor’s bank account initiated by the payee (beneficiary).
Direct debits are direct bank-to-bank transactions.
