A Direct Debit is a written instruction from you to your bank or building society authorising a third party to collect varying payment amounts from your account.

Direct Debits are popular as they :-

Enable you to spread the cost of large bills
Monthly instalments allow you to budget for bills more effectively by spreading the costs.
Ensure you do not incur penalties for delayed payments
Once a Direct Debit mandate is signed payments are made automatically on your behalf. There is no need to worry about postal delays or payments being lost in the post.
Saves you time & money
Eliminates time spent in queues to pay bills. No postage expenses involved in mailing cheques.
Offer flexibility
The Originator of the Direct Debit may provide an option to allow you to choose your payment date.
Provide a Money Back Guarantee
You can feel secure in the fact that there are a number of safeguards including an immediate money back guarantee from your bank or building society, advance notice from the Originator of amendments to the date and/or the amount being requested along with the right to cancel a Direct Debit at any time.

Direct Debits offer a safe, efficient and reliable method for paying bills such as gas, electricity, insurance, mortgages, mobile phones and many more.

For more details please call into your local Yorkshire Bank branch.