direct debit and standing orders

jackiebutty | 14:32 Wed 23rd May 2007 | Business & Finance

1 Answers

Subscribe
Report ⚑

what is the difference between a direct debit and a standing order

Leasing instead of buying

banks and finance

Answers

Only 1 answer

Best Answer

No best answer has yet been selected by jackiebutty. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

Veronica_007

HIya,

A Standing order is a set amount and can not be changed over the period agreed and a direct debit is taken monthly quartly or whatever agreed but it is there decision on the amount .. in summary the direct debit is more flexable and give the company the chance to take money if they want where as a standing order can not be changed or moved and is safer security wise and peace of mind

Only 1 answer

Do you know the answer?