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direct debit
noun
- an order given to a bank or building society by a holder of an account, instructing it to pay to a specified person or organization any sum demanded by that person or organization Compare standing order
Example Sentences
Shopping around for a better deal on essential bills is often something done online, and may require signing up to a direct debit payment.
It fixes the maximum price that can be charged for each unit of energy on a standard - or default - variable tariff for a typical dual-fuel household which pays by direct debit.
This means the annual bill for a dual-fuel direct debit household using a typical amount of energy is going up to £1,849 per year.
Between April and June, households on prepayment meters will pay slightly less than those on direct debit, with a typical bill of £1,803, a rise of £113 from the previous quarter.
If you pay each month without direct debit, the setup fee is $69.
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