Can I set up the Direct Debit to pay from someone elses bank account?
No, absolutely not. The bank account you are going to repay from must be in YOUR name or be a joint account you are named on and that YOU can sign cheques or Direct Debits with your signature alone (i.e. you don’t have to have the signature of the other joint account holder in addition to your own) Please note that you can’t repay from a business account even if you are a signatory.
Related Questions
- I want to pay for my policy using the easy monthly payment plan, but I do not have a bank account in my own name / my bank account does not accept Direct Debit. Can I still pay monthly?
- How do I set up a bank account in Australia to collect rent and pay bills associated with the property?
- Can I set up the Direct Debit to pay from someone elses bank account?
