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Direct Debit Mandate Acceptance

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Does anyone know how long it typically takes for a bank (Lloyds or First Direct in this instance) to accept instruction for a Direct Debit Mandate? Would/could this happen in the same day?

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  • grumbler
    grumbler Posts: 58,629 Forumite
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    I would expect ~10 days from any bank.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Does anyone know how long it typically takes for a bank (Lloyds or First Direct in this instance) to accept instruction for a Direct Debit Mandate? Would/could this happen in the same day?

    What do you mean by ''accept''?

    Are you banking with Lloyds or FD and want to set up a payment to a 3 rd party?

    Most D/D' s are set up by the companies themselves using a system called AUDDIS.
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