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What is direct debit and how does it work?

With the direct debit procedure,IGT authorizes a company to collect payments automatically. To do this, companies need a direct debit authorization from you, known as a SEPA direct debit mandate. Based on your written consent, the agreed amounts can be collected on the due date without any further action. Direct debit is well suited for recurring bills.

The direct debit procedure in simple steps:

Author: Emily Watson

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