Kix

Direct Debits are now available from 1st March.

Well they are for CitiBank at least.

One small step for UAE Banking, one giant leap for their customers.

mikewot

Just waiting for them to come into the 21st century now.

Brains1983

I haven't tried using it yet, but from what I had understood that this came in last year - certainly according to ADCB it had?

Millhouse

No way would I let anyone in this country take money from my account on their own basis.

Meow

They have been 'available' theoretically for months, but few banks have formally introduced them yet. And of those that have I think most people are waiting for others to test the system.

Considering how many times they mess up standing orders I find it hard to believe that direct debits can be much worse...

busybee2

they may have talked about it happening.... but talking and doing are two very different things.... plus we are talking uae time

The Dean

My landlord (a major listed company) says all rents will be collected in this way after current contracts are renewed - so no choice for me .......... my feeling is that this will largely remove the need for all of those stupid post-dated cheques.............

Kix

One DD or 12 equal?

The Dean

12 equal - might as well be, under a DD arrangement .............

Kix

Helps on cash flow for us that aren't as rich as you - or who has our employers paying....

Meow

I've corrected that for you...

Brains1983

If they are equal surely a standard order makes sense?

seven seas

Direct Debit is a shitty system at the best of times.
Pay by cheque, here the money doesn't take a month to get from your account to the beneficiary's.