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Instruction to your Bank or Building Society to pay by Direct Debit Service User Number Please fill in the whole form including the official use only box using a ball point pen and send it to 9 7
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What is direct debit mandate?
A direct debit mandate is an authorization provided by a payer to allow a company or organization to collect payments directly from their bank account.
Who is required to file direct debit mandate?
Any individual or entity who wishes to set up direct debit payments for services or purchases.
How to fill out direct debit mandate?
To fill out a direct debit mandate, the payer must provide their bank account details, authorize the company to collect payments, and sign the mandate.
What is the purpose of direct debit mandate?
The purpose of a direct debit mandate is to simplify the payment process for recurring bills or services by allowing companies to automatically collect payments from the payer's bank account.
What information must be reported on direct debit mandate?
The direct debit mandate must include the payer's name, bank account details, the amount to be debited, the frequency of payments, and the start date of the direct debit.
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