Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • teddysmum
    • By teddysmum 14th Mar 17, 4:06 PM
    • 7,788Posts
    • 4,614Thanks
    teddysmum
    Transferring a direct debit
    • #1
    • 14th Mar 17, 4:06 PM
    Transferring a direct debit 14th Mar 17 at 4:06 PM
    I've just added an extra direct debit to our main account, for convenience and in case I need one for a new account.


    If you wish to transfer a direct debit between banks (not an account switch) do you make the request to the receiving bank , the one currently paying or the company that is being paid ?
    Last edited by teddysmum; 14-03-2017 at 4:08 PM.
Page 1
    • grumbler
    • By grumbler 14th Mar 17, 4:25 PM
    • 51,387 Posts
    • 21,753 Thanks
    grumbler
    • #2
    • 14th Mar 17, 4:25 PM
    • #2
    • 14th Mar 17, 4:25 PM
    The company.
    Often this can be done online.
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
    • Westie983
    • By Westie983 14th Mar 17, 9:33 PM
    • 3,666 Posts
    • 13,651 Thanks
    Westie983
    • #3
    • 14th Mar 17, 9:33 PM
    • #3
    • 14th Mar 17, 9:33 PM
    This can also sometimes be done in branch if you are just switching the DD from one account to another within the same bank.

    Otherwise it is done by calling up the company and giving them the new account details
    Save 12k in 2017 #16 Total £12080/£12000 100.66%
    Sealed Pot Challenge ~ 10 #97 Total (£252) +£158/£500 = 82.00% ( x 10)
    Xmas 2017 £1 a Day #6 Total £202/£365 = 55.34%
    Virtual Sealed Pot #1 Total £900/£1000 = 90.00%
    £2 Savers Club 2017 #3 Total (£1450)+£50/£2000 = 75.00%
    Total £15092.00/£15865 = 85.12%


    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • grumbler
    • By grumbler 14th Mar 17, 10:16 PM
    • 51,387 Posts
    • 21,753 Thanks
    grumbler
    • #4
    • 14th Mar 17, 10:16 PM
    • #4
    • 14th Mar 17, 10:16 PM
    This can also sometimes be done in branch if you are just switching the DD from one account to another within the same bank.
    Originally posted by Westie983
    Sure? How will the originator (company) know about the change?
    Theoretically, this can be done by old-fashioned partial switch, but in this case it can be a different bank, not necessarily the same.
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
    • YorkshireBoy
    • By YorkshireBoy 14th Mar 17, 10:22 PM
    • 29,144 Posts
    • 16,948 Thanks
    YorkshireBoy
    • #5
    • 14th Mar 17, 10:22 PM
    • #5
    • 14th Mar 17, 10:22 PM
    Sure? How will the originator (company) know about the change?
    Theoretically, this can be done by old-fashioned partial switch, but in this case it can be a different bank, not necessarily the same.
    Originally posted by grumbler
    It's some form of internal re-direct. I believe FD (and maybe therefore HSBC?) are known to offer the service. I have a vague recollection Santander can also offer it?
    • teddysmum
    • By teddysmum 15th Mar 17, 11:33 AM
    • 7,788 Posts
    • 4,614 Thanks
    teddysmum
    • #6
    • 15th Mar 17, 11:33 AM
    • #6
    • 15th Mar 17, 11:33 AM
    Oh dear, so I have to inform the company.


    This could go wrong as one of the DDs is for council tax and our council aren't very good at getting things right....unless it's wasting our money.
    • Katiehound
    • By Katiehound 15th Mar 17, 12:51 PM
    • 3,555 Posts
    • 36,104 Thanks
    Katiehound
    • #7
    • 15th Mar 17, 12:51 PM
    • #7
    • 15th Mar 17, 12:51 PM
    Oh dear, so I have to inform the company.
    This could go wrong as one of the DDs is for council tax and our council aren't very good at getting things right....unless it's wasting our money.
    Originally posted by teddysmum
    and don't forget- you can have DDs for 12 payments rather than 10 with council tax.(Most of them hide this info in teeny print.)
    Comes in handy if you need DDs to go out every month.

    There shouldn't be a problem with changing a DD. You just say you have a new / different bank a/c- must happen all the time!
    Being polite and pleasant doesn't cost anything!

    If you found my posting helpful please hit the "Thanks" button!
    Thank You
    • teddysmum
    • By teddysmum 15th Mar 17, 1:54 PM
    • 7,788 Posts
    • 4,614 Thanks
    teddysmum
    • #8
    • 15th Mar 17, 1:54 PM
    • #8
    • 15th Mar 17, 1:54 PM
    and don't forget- you can have DDs for 12 payments rather than 10 with council tax.(Most of them hide this info in teeny print.)
    Comes in handy if you need DDs to go out every month.

    There shouldn't be a problem with changing a DD. You just say you have a new / different bank a/c- must happen all the time!
    Originally posted by Katiehound


    Ours has quite large print, probably because they are desperate to grab our money.


    I fell foul of the 10 months DD on water, last year, only finding out when the Co-op didn't pay out although we had enough DDs. (A check showed no DD for water that month)


    Luckily Severn Trent are helpful and redistributed the payments so we paid every month.


    PS: I've just realised that we haven't had the water rates statement for the coming year and must check on it, as you have to opt into 12 instead of 10 payments, each year, as DD reverts to 10 payments. (Luckily I have a handy £5 DD to Tesco savings which will cover for any failures, which would lose the £4 bonus.
    Last edited by teddysmum; 15-03-2017 at 1:57 PM.
    • Westie983
    • By Westie983 15th Mar 17, 11:36 PM
    • 3,666 Posts
    • 13,651 Thanks
    Westie983
    • #9
    • 15th Mar 17, 11:36 PM
    • #9
    • 15th Mar 17, 11:36 PM
    Sure? How will the originator (company) know about the change?
    Theoretically, this can be done by old-fashioned partial switch, but in this case it can be a different bank, not necessarily the same.
    Originally posted by grumbler
    There is a button on the computers which allow you to switch DD between accounts, the originator number remains the same although the account number differs.

    Its not a switch as the existing account remains open, its just the DD that are moved across.

    Westie983
    Save 12k in 2017 #16 Total £12080/£12000 100.66%
    Sealed Pot Challenge ~ 10 #97 Total (£252) +£158/£500 = 82.00% ( x 10)
    Xmas 2017 £1 a Day #6 Total £202/£365 = 55.34%
    Virtual Sealed Pot #1 Total £900/£1000 = 90.00%
    £2 Savers Club 2017 #3 Total (£1450)+£50/£2000 = 75.00%
    Total £15092.00/£15865 = 85.12%


    I'm a Board Guide on Budgeting & Bank Accounts, Debt-Free Wannabe, Disability Money Matters, and Savings & Investments. I'm a volunteer helping the boards run smoothly, but I'm not a moderator, and do not read all posts. If you see an inappropriate/illegal post then email forumteam@moneysavingexpert.com
    • polymaff
    • By polymaff 17th Mar 17, 5:55 PM
    • 1,561 Posts
    • 670 Thanks
    polymaff
    Oh dear, so I have to inform the company.
    Originally posted by teddysmum
    Things could go wrong what ever you do. Do remember that it is the company that triggers a DD "pull", so they have an incentive to do it right.

    Never had a problem, either online or on the 'phone. In the latter case, pointing out that you've cancelled the original DD incentivises the most sluggardly organisations.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,309Posts Today

8,226Users online

Martin's Twitter