Let’s explain…. DebiCheck is a secure debit order payment, which you have to confirm before the first collection date. You can also re-confirm if any important changes are made, (e.g.: payment date, the amount, etc.)
And the purpose of DebiCheck?
Being a secure debit order payment system, it allows you to approve your debit order details electronically. This gives you more control over your finances and will assist in preventing fraudulent debit orders.
Your bank can furnish you with details of any registered DebiChecks that may be processed to your account.
So, if you had a festive season and holiday break with characteristics that are common to a lot of us, such as Overspending, Failing to pay critical monthly expenses, Defaulting on insurance payments and generally ignoring your well-intended budget…… let’s start right here with the resolution, “New Year, New You”.
The benefits of using debit orders:
- Convenience, peace of mind and no “late payment” penalties
- It cuts out the stress of having to remember manual payments each month
- So much easier to track and trace payments – you are provided with a payment history
- The risk of missing/skipping a payment, is lowered
- You are assured that payments are made on the correct date, each month
- They eliminate the need for handling cash, as payments are done electronically
With the DebiCheck process, the consumer will confirm the debit order request once, at the start of the contract. This is done to inform the consumer’s bank that permission has been granted for the money to be taken from the consumer’s account.
This means that the bank will now know the details of what the consumer has agreed to with the service provider or company, and will not allow a DebiCheck debit order to be processed outside the terms that have been agreed to by the consumer.
So why hesitate, when it makes a lot more sense to have that burden removed from your already hectic life?
Take the leap, let your finances be better managed while you get on with doing YOU…sensibly!
