Direct Debit... How long do they take to process?

catieeb06
catieeb06 Posts: 576 Forumite
in Budgeting & bank accounts
Ok, I currently send a small sum to a charity every month, they send the DD instruction to take the funds out of my account on tuesday, thing is, I dont know when it will come out of my account.

They gave me the option of paying by standing order if it works out better for me but does a standing order help your credit profile like I know a DD does.
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  • Paul_Herring
    Paul_Herring Posts: 7,481 Forumite
    Name Dropper Photogenic First Post First Anniversary
    hey send the DD instruction to take the funds out of my account on tuesday, thing is, I dont know when it will come out of my account.
    DD's take 3 working days to set up, and on the last day the money is seen leaving your account and appearing in the other account. (As distinct from a SO where the delay may be 3 days.)
    does a standing order help your credit profile like I know a DD does.
    If you're referring to your 'credit score' neither directly affect it at all.
    Conjugating the verb 'to be":
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