skip to content

Refine results

Search by

Search by Algolia
Law Handbook banner image

Direct Debits

Direct debits from a bank account are useful for paying regular fixed amounts, such as housing, utilities or other recurring payments. A direct debit is an authority given by an account holder to a third party to take money from a nominated account or credit card account.

Account holders can also schedule regular fixed amounts to be paid to a provider from their bank account. This process is controlled by the account holder and can be cancelled or amended at any time.

Some financial institutions may charge a fee to process a direct debit.

Direct Debits  :  Last Revised: Mon Sep 17th 2018
The content of the Law Handbook is made available as a public service for information purposes only and should not be relied upon as a substitute for legal advice. See Disclaimer for details. For free and confidential legal advice in South Australia call 1300 366 424.