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What are direct debits?

A Direct Debit is an automated payment method that gives the merchant the authority to withdraw money from your bank account at regular intervals. Usually, Direct Debits are set up for regular payments, such as gym membership bills, or bank loans.

A day before the payment takes place, your Direct Debit will appear in the 'Upcoming' tab under Transfers.

Supported Direct Debits:

  • Supported currencies: USD
  • Supported type: Core Direct Debit (B2B scheme is not supported)