📨 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!

Direct Debits first payment.

Options
Is there a list of what banks do/don't show DD before first payment?
Let's Be Careful Out There

Comments

  • Rob5342
    Rob5342 Posts: 2,426 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 21 January at 1:43PM
    I don't know but in my experience most do, Natwest is the only bank I've used that doesn't.
  • HillStreetBlues
    HillStreetBlues Posts: 6,123 Forumite
    1,000 Posts Third Anniversary Homepage Hero Photogenic
    I wondered if there were any more that Natwest group
    Let's Be Careful Out There
  • Barkin
    Barkin Posts: 771 Forumite
    500 Posts Second Anniversary Name Dropper
    Lloyds. 

    I set up TFL Autopay DD in Feb 2023, and it's been showing as an active DD on my account since then. 

    The first payment was taken last week. 
  • steven141
    steven141 Posts: 445 Forumite
    100 Posts Second Anniversary Name Dropper
    I’ve only known Royal Bank of Scotland to do this and presumably NatWest and Ulster Bank are the same. 

    On another note. Some banks annoyingly show the word “first payment” on your first direct debit transaction on your statement if it is the first payment since it has been set up. 
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    steven141 said:
    On another note. Some banks annoyingly show the word “first payment” on your first direct debit transaction on your statement if it is the first payment since it has been set up. 
    Presumably this is to draw attention to it so that the account holder can investigate if it’s fraudulent. I’m not sure why you find this annoying. 
  • EarthBoy
    EarthBoy Posts: 3,213 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    steven141 said:
    Some banks annoyingly show the word “first payment” on your first direct debit transaction on your statement if it is the first payment since it has been set up. 
    I find that helpful, not annoying.
  • steven141
    steven141 Posts: 445 Forumite
    100 Posts Second Anniversary Name Dropper
    Ballard said:
    steven141 said:
    On another note. Some banks annoyingly show the word “first payment” on your first direct debit transaction on your statement if it is the first payment since it has been set up. 
    Presumably this is to draw attention to it so that the account holder can investigate if it’s fraudulent. I’m not sure why you find this annoying. 
    It’s usually categorised differently when you use apps that show all payments to that company on apps like Snoop. 
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
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K 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.