Direct Debit

Direct Debit could benefit your business if you make regular collections from many customers. 

This method of payment can significantly improve cash flow by speeding up your collections. The money is collected from your customers and paid directly into your business account.
 

Direct Debit would be particularly suited to your business if your collections are made monthly, quarterly or at fixed periods and from regular customers.

Quick and secure payment
Using Direct Debit allows the amount of the invoice to be claimed directly from your customer's account into your own business account. Both the customer and your business benefit from quick, secure payments. In addition, you can significantly reduce the administration connected with manual collections and incoming payments.

Better cash management
With an immediate overview of incoming and outstanding payments, your reminder procedures can be streamlined. And as you decide the payment date, subject to agreement with your customer, you also have a better overview of your cash position.

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