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BISL refers to BISL Limited. It's an Independent Insurance Intermediary, may it be for Car, Van or Home Insurance. Call them at 08002941680
They recently took £150 by unauthorised direct debit from my buss account, i contacted Lloyds about this who then gave me instructions to first ring this company to let them know about the transaction, i spoke to a friendly lady called Sherry who was happy to help and confirmed that this direct debit was not made in my nameeven though it was my account number, which she believed could have been a simple mistake by the customer putting a digit wrong when putting down their own account number, but in the interest of fraud they were going to look further into this.
I then got back in touch with Lloyds and requested an Indemity claim against this transaction which BISL had confirmed and this money will now be placed back into my account by 5pm the same day.
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What is BISL BACS account?
BISL BACS account refers to a Bankers' Automated Clearing Services (BACS) account provided by the Bank of Ireland Securities Services (BISS). BACS is a system used in the UK for electronic funds transfers and direct debits. The BISL BACS account allows customers to automate payments and collections, streamlining financial transactions. It is a secure and efficient way to manage payments electronically.
What are the disadvantages of direct debit?
nothing
If i provide details of bank account but don't have a debit card for that account can the company take any money from that account without setting up a direct debit?
Yes. A debit card is not related to a direct debit. A direct debit is your authorisation to your bank to pay whatever amount is requested by whomever the direct debit is in favour of.... a utility company, a service provider or other business.... on a regular basis, usually monthly or yearly. A debit card is a way of paying for individual transactions, on the spot, without using cash. The total can be deducted from your account when the card is processed by the trader.
How journal entry to record direct labor?
Debit direct laborCredit cash / bank
What does DD mean on a bank statement?
Direct Debit
What does 'bisl' mean in Yiddish?
A "bisl" means "a little."
How does bacs work?
Bacs, or Bankers' Automated Clearing Services, is a system used for electronic payments in the UK. It enables payments to be processed and settled between bank accounts. Companies use Bacs to make salary payments, settle bills, and collect direct debits from customers.
When was BACS created?
BACS was created in 1968.
Which companies offer direct debit guarantees?
A Direct Debit guarantee is a form of protection offered by the institution that the Direct Debit is accepted by. All banks and building societies that accept Direct Debits offer this protection.
What are the disadvantages of direct debit?
nothing
What does the bank term 'BACS' stand for?
BACS is an acronym for "Bankers' Automated Clearing Services."
How much cost would you incur if you choose direct debit UK payment system?
It depends on the direct debit provider whether the setup will be free or they would ask for charges. Some providers setup the direct debit software absolutely free with zero monthly charges too. I am not aware of other providers but my Gym centre uses Accesspay as a direct debit provider. Their direct debit software also offers you a reporting and dashboarding feature that will immediately alert you of any problems in collections.
If i provide details of bank account but don't have a debit card for that account can the company take any money from that account without setting up a direct debit?
Yes. A debit card is not related to a direct debit. A direct debit is your authorisation to your bank to pay whatever amount is requested by whomever the direct debit is in favour of.... a utility company, a service provider or other business.... on a regular basis, usually monthly or yearly. A debit card is a way of paying for individual transactions, on the spot, without using cash. The total can be deducted from your account when the card is processed by the trader.
What does the Direct Debit reference Alis Pin Coll refer to?
It's a Direct Debit to Cardif Pinnacle Insurance probably Mortgage payment protection policy
How journal entry to record direct labor?
Debit direct laborCredit cash / bank
What does DD mean on a bank statement?
Direct Debit
How to transfer money from someone else's account into mine by direct debit?
This can only be done by the other party setting up a direct debit mandate specifying you as the beneficiary.
