Direct Debits

youngcardinals

I have recently found out that my bank have been canceling my direct debits.

What are the rules in banks doing this? Can they legally do this? And are they in breach of the banking code of practice in doing so?

Can anyone please advise?

Mikeyorks

Do you have a recent history of not having the funds to pay Direct Debits?

youngcardinals

Hey the funds have been available for the company to take but my bank have canceled the direct debt.

anselld

Has it been unused for 1 year? Some banks cancel DD if it is not used for over a year.

[Deleted User]

same here
bank sometimes cancel mine if no payments were claimed

youngcardinals

The DD has been in use for the past year and recently they have decided to cancel it. Im sure this is in breach of the direct debit mandate.

jambosans

youngcardinals wrote: »

The DD has been in use for the past year and recently they have decided to cancel it. Im sure this is in breach of the direct debit mandate.

There has to be a reason for this. To re-itterate Mikeyorks:-

Mikeyorks wrote:

Do you have a recent history of not having the funds to pay Direct Debits?

AnonymousForObviousReason

Is it A&L/Santander the idiots have changed DDs and SO payments because they changed sort codes, managed to muck it up it in their usual incompetent way.

exel1966

youngcardinals wrote: »

I have recently found out that my bank have been canceling my direct debits.

What are the rules in banks doing this? Can they legally do this? And are they in breach of the banking code of practice in doing so?

Can anyone please advise?

Banks DO NOT cancel direct debits without extremely good reason and warning.

I suggest you need to look at the way you operate your account.

BlueAngelCV

exel1966 wrote: »

Banks DO NOT cancel direct debits without extremely good reason and warning.

Banks aren't SUPPOSED to cancel dd without good reason and warning but they have been known to do so. They did so to me.

spanar

ive recently tried to reset a dd with sky for my package with them yet when sky go to my bank with the dd mandate rbs reject it saying the problem lies with sky when i contact sky they say its the bank thats the problem not them there was two months were dds were returned unpaid but was paid over the phone sky keep asking me would i like to set up a dd with them and every month for the past 2 ive said yes they then send me a letter out telling me there is a problem with your bank we will invoice you for payment instead at £4 a pop for your statement the bank say there is a problem with the ref no sky use and sky say there isnt. is there anybody out there who knows whos at fault here as my head is getting realy sore now from banging it of the brick wall as none of them seem to want to accept responsabilty for this errror:mad: