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Get the free Metered Direct Debit Mandate - Bristol Water

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DIRECT DEBIT An easy way for you to pay 1 YOUR NAME AND ADDRESS (BLOCK CAPITALS) 2 PAYMENT ON DEMAND Pay each bill in full when it is due. Payment will not be requested any earlier than 14 days after
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How to fill out metered direct debit mandate

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How to fill out a metered direct debit mandate:

01
Start by obtaining a metered direct debit mandate form from your bank or financial institution. This form is usually available online or can be requested at a branch.
02
Fill in your personal information accurately, including your full name, address, contact details, and bank account information. Make sure to double-check your account number and sort code for accuracy.
03
Indicate the purpose of the direct debit mandate, which in this case is "metered" direct debit. This indicates that the direct debit is associated with a specific metered service, such as electricity, water, or gas.
04
Specify the billing details, including the name of the service provider, their contact information, and any account or customer reference numbers provided by the service provider.
05
Read and understand the terms and conditions of the direct debit mandate. These may include details about the frequency and amount of the direct debit, any notice period required for changes, and your rights to cancel or dispute payments.
06
Once you have reviewed the information, sign and date the form. Some forms may also require additional signatures, such as a joint account holder or a witness. Follow the instructions provided on the form.
07
Keep a copy of the completed direct debit mandate for your records. It is also advisable to inform the service provider that you have set up a metered direct debit with them, especially if they require any additional documentation or notification.

Who needs a metered direct debit mandate:

01
Individuals or businesses who have a regular metered service, such as electricity, water, gas, or any other type of utility that requires regular payments.
02
People who want to automate their bill payments and avoid the hassle of manual payments each month.
03
Those who prefer the convenience of having their bills automatically deducted from their bank accounts, ensuring timely payments and avoiding late fees or penalties.
Note: It is important to check with your specific service provider and bank for their requirements and procedures regarding metered direct debit mandates, as they may vary.
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A metered direct debit mandate is a payment authorization given by a customer to allow a company to automatically debit funds from their bank account for the exact amount of usage or consumption of a specific service or product.
Any customer who wishes to set up automatic payments for services or products based on their usage or consumption is required to file a metered direct debit mandate.
To fill out a metered direct debit mandate, the customer needs to provide their bank account information, authorize the company to make automatic debits based on usage or consumption, and sign the mandate.
The purpose of a metered direct debit mandate is to simplify payment processes for customers and companies by automating payments based on actual usage or consumption.
The metered direct debit mandate must include the customer's bank account details, authorization for automatic debits based on usage or consumption, and the customer's signature.
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