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Whats the difference between a standing order and a direct debit?
Wiki User
∙ 15y ago
A Standing Order is your instruction to your bank to pay a certain amount from your account to us at certain times of the month. This instruction needs to be renewed every year when you get your account from us.
Direct Debit - this is your authority for us to ask for payment from your bank account. Once this arrangement has been set up, it will carry on unless cancelled by you or us.
Wiki User
∙ 15y ago
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