Direct Debit System

Direct Debit is a safe and convenient method of making payments and is ideally suited for regular automated payments with fixed or variable amounts such as mortgage or loan repayments, credit card re-payments, utility bills, insurance payments and subscriptions.

After the launch of UAEDDS, customers can directly approach participating financial institutions to set up repayments through their individual respective BANK accounts.

Client Benefits:

As a client you can take advantage of this service by making your recurring payments through the UAEDDS. The key benefits are:

  1. It is secure and one time set up.
  2. It is mandate driven.
  3. No worries about remembering to pay at the right time. The only thing a payer needs to remember is that there is sufficient cash in the account to cover the payment.
  4. No need to write post-dated cheques.
  5. No queuing at payment offices, banks, exchange houses or post offices to make the payment
  6. Substantial reduction in the cost collection that should benefit all payers and receivers.
  7. It is automated and there is no need for manual tracking to meet payment deadlines.
  8. It eliminates the need for paper based payment instructions for recurring payments.
  9. Lower cost.
  10. Greater convenience.

For more information call 800224 or download the DDS FAQ

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Explore our Downloads section to get useful printable documents that will make it easy to bank with us.



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