Bank or Direct Debiting Bureau?

Bank or Bureau?

Should you use a bank or a Direct Debiting bureau such as iDirectDebit?

Not every bank provides a Direct Debit service – and it’s often difficult to get advice on how to get started and costs from the ones that do. Setting up can take ages, with the lack of communication and support leading to huge delays. If your business hasn’t been established for long and has a sales turnover of less than approximately £5 million, they may not even accept your application.

The advantages of outsourcing

Alternatively, you can outsource to a Direct Debit company such as iDirectDebit.

iDirectDebit offers BACS-approved services for Direct Debit processing, giving you total peace of mind. Discover more.

iDirectDebit offers a complete end to end solution, from initial advice and set up, through to processing the debiting on your behalf and crediting funds into your account. We can also arrange online processing. We provide a low cost, transparent fee structure with highly competitive rates.

	Bank	iDirectDebit
Time setting up	min 2 months	new payers signed up within 3 weeks
In depth advice	no	yes
Help with completing forms	no	yes
Purchase software/ use of limited service	yes	no
Ongoing maintenance	yes	no
Automated processing	no	yes
Online Direct Debits	no	yes
Personal Direct Debit Manager	no	yes

Call 01276 856 464 or email for details