Skip to main content
logo-2.png
Locate us 1300236344
Logon
Personal home
logo-2.png
Personal home

Back To Help
Affordable banking How to reduce your fees Unclaimed money Lost superannuation Centrelink Australian Taxation Office Foreign tax resident reporting

What is a direct debit?

A direct debit is an agreement or contract between a customer and a merchant (biller, supplier, service provider) which allows the supplier to debit the customer’s nominated bank account.

When, as a customer, you set up a direct debit you are setting up an agreement between yourself and the merchant. You give that supplier permission to electronically withdraw a nominated amount from your bank account on a date you request and at regular intervals. You will give your bank account details (BSB and account number) to the merchant to allow them to debit your bank account regularly to pay for the services they provide you.

Browse our help topic

Topics
Bendigo Bank Footer Logo
Connect with us
Bendigo-Bank-facebook Bendigo-Bank-linkedin Bendigo-Bank-twitter Bendigo-Bank-youtube

Call us

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

© Copyright 2019 Bendigo and Adelaide Bank