Managing Your Direct Debits
You can easily manage your company's direct debits right from your dashboard
What is a Direct Debit?
A direct debit is a simple, hassle-free way to pay your bills automatically. With your permission, companies can take payments directly from your bank account on set dates, so you never miss a payment and don't have to worry about remembering due dates. It's secure, convenient, and helps you stay on top of your finances effortlessly.
Setting up a Direct Debit
provide your bank details to the company you want to pay online or by filling out a form. Once set up, payments will be automatically deducted from your account on the agreed dates. This is typically used for recurring property-related expenses such as mortgage payments and utility bills.
Viewing your Direct Debits
- Go to the Portfolio page and click Accounts from the menu
- Click on the relevant account to enter the financial account options
- Select 'Regular payments' and choose 'Direct debits' from the menu
You will be able to view the number of payments made, the direct debit amount, and merchant information.
Cancelling a Direct Debit
You can cancel a Direct Debit from within your Business Account. We recommend checking with the merchant first to ensure you do not fall behind on any important property-related payments.
Note: Direct Debit details will not be visible until your first payment has been processed.