Direct debit request:

[ZedS]

Hi

I'm a web designer who charges my clients a monthly fee, and one has asked me to send them a direct debit request for this. Not sure what this would be exactly and how it should be written out. Any advice or templates would be hugely appreciated!

 

[Scalloway]

Do you really mean a direct debt or just a standing order? A standing order is much easier to set up. You and the customer provide your bank details and the amount payable. They sign it and it gets sent to their bank.

Sample here

https://www.alliance-leicestercommercialbank.co.uk/static/ANB90004JAN10TF.pdf

How to set up Direct Debits

http://www.bacs.co.uk/Bacs/Businesses/DirectDebit/Collecting/Pages/GettingStarted.aspx

 

[ZedS]

Hi Scalloway,

I assumed they were both the same thing? I guess it is a standing order. I see you've attached a form from Santander, would I type up one of these forms on behalf of my company or get one of these forms from my own bank?

Thanks

 

[StevensOnln1]

Look at Go Cardless if you want an easy way to offer direct debit to your customers.

Sent from my GT-P1000 using UK Business Forums

 

[Scalloway]

As far as I am aware there is nothing stopping you typing your own standing order.

Sent from my HTC One mini using UK Business Forums

 

[arcon5]

Direct debits allow you to draw money from their bank, very useful if say the amount each month is variable - such as your phone bill.
A standing order is basically an order to send payment at certain intervals for specified amounts.

DD though is covered by the Direct Debit Guarantee, so SO would be more secure as you can't reverse this

 

[Alan]

We do 95% of our work via direct debit using GoCardless, see the payment link in my signature. It really makes life easy for us and our clients, well worth the 1% (max £2.00) fee they charge.

 

[ZedS]

Thanks guys, you've been great help! Have a fantastic week ahead

 

[MyAccountantOnline]

Hi

I'm a web designer who charges my clients a monthly fee, and one has asked me to send them a direct debit request for this. Not sure what this would be exactly and how it should be written out. Any advice or templates would be hugely appreciated!

My firm collects fees by standing order (not direct debit) and we have no problems in doing so.

We do have a standing order mandate which we give clients but the vast majority of them dont use it now as standing orders are so easy to set up yourself all most people really need is your business bank details ie sort code and account number.

 

[BusinessTeam]

Hi,

Appreciate a little late on my reply to this one, however, GoCardless is great and you should look at this service - we also use for over 50% of our clients and only sign new clients up using this service now.

Best wishes

Richard

 

[juddaccesspay]

[FONT=&quot](Declaring an interest as I work for AccessPay)[/FONT][FONT=&quot]
[/FONT][FONT=&quot]Our new sister company AccessWallet has just been launched and offers easy, automated Direct Debit collections.[/FONT]

• [FONT=&quot]Cloud-based so no CAPEX. No set-up fees or hidden costs[/FONT][FONT=&quot][[/FONT]
• [FONT=&quot]1% per transaction fee capped at £1[/FONT]
• [FONT=&quot]ISO 27001 certified[/FONT]
• [FONT=&quot]FCA approved[/FONT]

[FONT=&quot]Google us![/FONT]

 

[Alan]

Good to see a competitor to GoCardless. Make sure you integrate to cloud accounting systems such as Kashflow.