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BDS Vending Solutions & Ice Cream.i.e. 11/12 Park West Enterprise Center Bangor Road Dublin 12 pH: 016237200 Instruction to your Bank to pay Direct Debits Please complete parts 1 to 4 to instruct
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What is direct debit mandate?
A direct debit mandate is a written authorization given by a bank account holder to allow a third party to directly collect payments from their account.
Who is required to file direct debit mandate?
Any individual or business entity that wishes to collect payments from another person's bank account using the direct debit system is required to file a direct debit mandate.
How to fill out direct debit mandate?
To fill out a direct debit mandate, you need to provide your bank account information, including the account number and sort code, as well as the name and address of the authorized party.
What is the purpose of direct debit mandate?
The purpose of a direct debit mandate is to authorize a third party to collect payments from your bank account automatically and regularly, often used for recurring payments like utility bills or subscription services.
What information must be reported on direct debit mandate?
A direct debit mandate usually requires the reporting of bank account details, including account number and sort code, as well as the name and address of the account holder and the authorized party.
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