- Home
- Introduction
- What is a Bank
- What is a Bank Account
- Why do I need a Bank Account
- How Do I Choose a Bank Account
- How Do I Open a Bank Account
- How Do I Get The Most From My Bank Account
- Other Things The Bank Might Offer
- Bank Cards
- Bank Machines
- PIN
- Interest
- More Help
- You money Your home
- Your Money Your Insurance
Making Money Easier
The Easy Picture Guide to Banking
Paying Bills by Direct Debit
You can pay bills by Direct Debit.
This means that an amount of money goes out of your Bank Account each month to pay the bill.
It may not always be the same amount!
A company can take out different amounts each month, but first they should have written to you explaining the arrangement.
To set up a Direct Debit you need to ask the company to send you a form. You must fill in the form and send it back to them.
If you pay bills by Direct Debit and you do not have enough money in your Account, the Bank will not pay
the bill...
...and will make you pay some extra money. This is called a Bank charge.
This means that an amount of money goes out of your Bank Account each month to pay the bill.
Important!
It may not always be the same amount!
A company can take out different amounts each month, but first they should have written to you explaining the arrangement.
To set up a Direct Debit you need to ask the company to send you a form. You must fill in the form and send it back to them.
Be careful!
If you pay bills by Direct Debit and you do not have enough money in your Account, the Bank will not pay the bill...
...and will make you pay some extra money. This is called a Bank charge.
#BANK CHARGE or FEE
This is an amount of money that the Bank can take from your Bank Account if you have not got enough money in your account to pay a bill or the Bank does something special for you.
This is an amount of money that the Bank can take from your Bank Account if you have not got enough money in your account to pay a bill or the Bank does something special for you.
