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 ...

What is a Direct Debit and how do I set one up? A Direct Debit lets your bank know that a certain organisation is allowed to take money out of your account. That specific organisation can take the ...

In the world of recurring payments, subscriptions, monthly premiums and collections there are generally two schools of thought: 1) Direct Debit is a tried and tested payment method, it’s low cost and ...

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 ...

Direct debits are great for convenience but are a pain when they go bad. People can be affected by ­fraudulent ones – and some of them can take your money even after you think you’ve cancelled. Here’s ...

Six months ago, Europe’s banks entered a new era, as legislation came into force requiring them to accept cross-border direct debits. The directive stipulates that all banks in the eurozone must be ...

On checking my bank statement recently I discovered that a direct debit existed for around £5 a month. On making enquiries to my bank I was informed that payments were to a company called Unat Direct, ...