ChatterBank0 min ago
Direct Debit Change
3 Answers
I need to change some DD's from one bank account to another.
Should I speak to the bank or the payees first?
Thank you
Should I speak to the bank or the payees first?
Thank you
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.I do it through the payees one day after a payment has been made.
It can usually be done online otherwise over the phone.
You don't need to inform your bank beforehand but there is no harm in cancelling the old direct debit once the new payment has gone through successfully.
All the payee needs to know is the new bank details.
It can usually be done online otherwise over the phone.
You don't need to inform your bank beforehand but there is no harm in cancelling the old direct debit once the new payment has gone through successfully.
All the payee needs to know is the new bank details.