direct debit

listen to the pronunciation of direct debit
الإنجليزية - التركية
Otomatik ödeme talimatı
Otomatik ödeme

I pay my electricity bill by direct debit.

الإنجليزية - الإنجليزية
a single order to allow a commercial, or similar entity to charge directly to one's bank for a regular payment
Direct debit is a payment method that allows an organisation to instruct their bank to collect varying amounts directly from customers' accounts
A procedure under which an organisation to whom a payment is due claims the amount directly from the bank account of its debtor
Any amount authorised by a member to be automatically withdrawn from an account by a third party (e g an insurance premium)
A method of collection used in the ACH for certain claims, generally those that are repeated over a period of time, under which the debtor gives his or her financial institution authorization to debit his or her account upon the receipt of an entry issued by a creditor
A customer may instruct his or her bank to authorize an organization (such as a publisher) to collect regular or occasional payments from that customer's bank account as long as the customer has been provided with advance notice of the collection amounts and dates Common in Europe; still uncommon in the U S
A process where a debt (payment) is taken directly from the bank account Loan repayments may be arranged to use direct debit from the association's account
A method of ACH collection used where the debtor gives authorization to debit his or her account upon the receipt of an entry issued by a creditor [ACH] (see also automated clearinghouse, debt)
An agreement third party to take money out of your account at certain intervals in return for a service - e g , you would pay for electricity by direct debit, where the amount will be deducted out of your account each month automatically by the electricity board This can apply to any service or purchase that will require an amount to be paid every month or at regular intervals
A means of authorizing recurring payments (e g , mortgage payments, insurance premiums) to be drawn on an account
authorization by the debtor to debit a financial institution account upon receipt of an entry issued by a creditor
a pre-authorized debit on the payer's account initiated by the payee Most loan providers would require you to set up a direct debit to make the monthly repayments on the loan
{i} direct transfer of funds from one bank to another; payment method where the payer permits the payee to take money from directly from his bank account
Regular payments that you authorise to be debited (withdrawn) directly from your bank account Also called periodic payments
If you pay a bill by direct debit, you give permission for the company who is owed money to transfer the correct amount from your bank account into theirs, usually every month. Switch to paying your mortgage by direct debit. an instruction you give your bank to pay money directly out of your account regularly to a particular person or organization
A method of making automatic payments electronically from a current account Direct debits may be at fixed intervals - e g for a monthly credit card or quarterly fuel bill, and they may be fixed (e g a monthly membership fee), or variable, such as for a mobile phone bill Direct Debits can also be for irregular payments, such as buying shares
direct debit

    الواصلة

    di·rect deb·it

    التركية النطق

    dayrekt debît

    النطق

    /dīˈrekt ˈdebət/ /daɪˈrɛkt ˈdɛbɪt/
المفضلات