Getting set up for Direct Debit

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John Levett

14 March 2013 16:10

Hi guys

I am starting the process so that we can take direct debits. In the past this has been achieved through using premium finance but we are about to launch a monthly policy option. I have been trying to get a new OIN but have fallen at the first hurdle. is ADM a software provider or a bureau? Apparently I have to fill out different forms and if a bureau I need the ADM bureau details...

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  Adam Bishop 15 March 2013 09:54

  No problem John, please see this article >> Setup Direct Debit with SchemeServe <<

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  John Levett 20 March 2013 19:28

  Thanks Adam the only missing information is: 

  9. Please provide an example of the reference to be used for DDIs: _____________________
  9a Please provide an example of a payment reference used within field 10 of your organisation’s collection records _____________________:

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  Adam Bishop 21 March 2013 13:06

  Hi John,

  9) On the DDI instruction that is lodged with the payer's bank there will be a text description to remind the payer why they have that DD agreement in place, something like 'COMPANY NAME'. What you want this to read is the answer to question 9.

  9a) Field 10 in the BACS file is the reference used for DD collections (i.e. the transactions, not the instructions) which in SchemeServe is DDT123456 (123456 is the SchemeServe transaction ID), so your answer for 9a should be DDT123456.

  Best wishes,

   

  Adam

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  John Levett 22 March 2013 08:56

  Thanks Adam

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  Adam Bishop 22 March 2013 09:48

  Pleasure!  Let us know if you need anything else :)

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