Meaning Of The Word Direct debit

Real Dictionary

What's the definition of Direct debit? Find Direct debit meanings, definitions and more at the Real Dictionary online.

Direct debit Meaning

Direct debit Definition
Direct debit Definition

What's The Definition Of Direct debit?

direct debit
variable noun: 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.

direct debit in British English
noun: an order given to a bank or building society by a holder of an account, instructing it to pay to a specified person or organization any sum demanded by that person or organization

direct debit in Finance
noun: A direct debit is an electronic withdrawal of funds from a checking account for payment.

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