📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bank accounts with ability to draw direct debits?

Options
2»

Comments

  • LXdaddy
    LXdaddy Posts: 693 Forumite
    Tenth Anniversary Combo Breaker
    Did you mean a Tesco savings a/c. I have 2 Tesco bank a/c but they don't allow DDs as far as I can see, but I'd be VERY happy if someone enlightened me differently.
    Tesco CURRENT accounts don't allow DDs to pull money in.


    Other Tesco accounts do offer this facility.
  • SevenOfNine
    SevenOfNine Posts: 2,391 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I've got 2 Tesco savings A/Cs, so has hubby now, but we only opened some of them for the DD facility (& to 'hold' money for transferring to monthly saver A/Cs)

    I couldn't set up DD's on-line for the Tesco bank, no facility for it showing, you could be correct though, perhaps it's a telephone jobbie.
    Seen it all, done it all, can't remember most of it.
  • FOREVER21
    FOREVER21 Posts: 1,729 Forumite
    Energy Saving Champion I've been Money Tipped!
    I've got 2 Tesco savings A/Cs, so has hubby now, but we only opened some of them for the DD facility (& to 'hold' money for transferring to monthly saver A/Cs)

    I couldn't set up DD's on-line for the Tesco bank, no facility for it showing, you could be correct though, perhaps it's a telephone jobbie.

    If you go to your on-line Tesco savings account click on move money in then you can set up either a one off payment or set up direct debits, no need to telephone.
  • SevenOfNine
    SevenOfNine Posts: 2,391 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    FOREVER21 wrote: »
    If you go to your on-line Tesco savings account click on move money in then you can set up either a one off payment or set up direct debits, no need to telephone.

    Yes, from the savings no problem, but from the bank A/C's there is no option to select DD. No highlighted bit there to click on.
    Seen it all, done it all, can't remember most of it.
  • TheLondoner
    TheLondoner Posts: 119 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    edited 10 June 2016 at 11:35AM
    Hi guys,

    I opened a Gocardless account today and called them to verify my account. They told me I cannot use my account in the way I want (to draw direct debits from my other accounts). They said it's designed for companies and that the verification team would verify my account for the purpose I want to use it for. They closed my account by mutual agreement.

    If anyone has any other ideas on how I can set up direct debits please let me know! I'm desperately in search of 6 more! :)
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    You could always make some DD donations to charities if you are desperate.
  • frank777
    frank777 Posts: 296 Forumite
    edited 10 June 2016 at 12:31PM
    https://www.charityline.org.uk/direct-debit/ - makes interesting reading :eek:

    What does the package include?
    50 direct debits processed
    0% commission on donations
    Two collection dates per month
    Secure hosting of the CRM platform
    Secure hosting of the online collection portal

    Only £70 per month!
    Additional Direct Debits collected are charged at 39p

    It's very comprehensive

    PS: It's not for the General Public - Charities only
  • TheLondoner
    TheLondoner Posts: 119 Forumite
    Eighth Anniversary 10 Posts Combo Breaker
    @frank777 £70/month OMG :o That's crazyness!
    @Colsten Any recommendations? Also aren't there any e-magazines that I could sign up to for £1/month or even ways of paying into an internet retailer account via direct debit, after which I can shop from their website at a later date? There must be things like this available.

    I've got till Sep 1st to find some DD's before I have to close down my Bank of Scotland accounts :p
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    @Colsten Any recommendations?
    Sorry, I don't know which charities you would like to support. Most are likely to offer to collect your donations by DD.
  • xylophone
    xylophone Posts: 45,622 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    NSPCC and Water Aid would take £2 a month DDs.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.