I have just set up a Direct Debit to pay a bill to a telecomms company. The form asked for the name(s) of the account holders. But then at the bottom of the form there was a tick box which you had to tick which said "I confirm I am the only person allowed to set up a Direct Debit to this account" The account is in fact a joint account. It said that if it was a joint account - you had to get a form and apply by post. Why? I have set up any number of Direct Debits to a joint account before.
Bob
Because you have the option on a joint account for either or both
I have never been told or specified myself that a Direct Debit may be set up by one of two account holders, the other, or both. Have you?
Bob.
Judith
virgin cut you off looool
However, Anthony Bournes is also mentally unstable and continues his campaign of abuse not only against you but also against others on usenet. You have let out a monster from the lamp, you should be the one to put him back in the lamp.
I set up a direct debit by phone this morning and one of the questions I was asked was whether anyone else apart from me was authorised to operate the account.
If I had answered yes it may be that I would have had to complete a paper form.
Chris
Theresa May has replaced Boris Johnson as favourite to become the next Tory leader, according to a poll of party members.
The survey by influential grassroots website ConservativeHome reveals the Home Secretary has beaten the London Mayor into pole position for the first time, after a series of tough interventions on immigration.
Of the 800 Tory members polled last month, 22.7 per cent said Mrs May should be the party?s next leader, just ahead of Mr Johnson on 22.6 per cent.
Read more:
Theresa May has replaced Boris Johnson as favourite to become the next Tory leader, according to a poll of party members.
The survey by influential grassroots website ConservativeHome reveals the Home Secretary has beaten the London Mayor into pole position for the first time, after a series of tough interventions on immigration.
Of the 800 Tory members polled last month, 22.7 per cent said Mrs May should be the party?s next leader, just ahead of Mr Johnson on 22.6 per cent.
Read more:
On Sat, 04 Jan 2014 17:34:59 +0000, Robert Hill wrote: Theresa May has replaced Boris Johnson as favourite to become the next Tory leader, according to a poll of party members.
The survey by influential grassroots website ConservativeHome reveals the Home Secretary has beaten the London Mayor into pole position for the first time, after a series of tough interventions on immigration.
Of the 800 Tory members polled last month, 22.7 per cent said Mrs May should be the party?s next leader, just ahead of Mr Johnson on 22.6 per cent.
Read more:
The telecomms company is making sure it is complying with the rules and protecting itself against possible fraud. Some joint accounts require all parties to sign authorities whereas others may only require a single signature. The company has no way of knowing the conditions under which a particular account is operated.
I've set up a large number of direct debits on our joint account, and never seen a question asking me to confirm I was the only person allowed to do so.
I *have* usually seen a question asking me to confirm that if it is a joint account, I do have the authority to set up DD by myself (or words to that effect).
I have just set up a Direct Debit to pay a bill to a telecomms company. The form asked for the name(s) of the account holders. But then at the bottom of the form there was a tick box which you had to tick which said "I confirm I am the only person allowed to set up a Direct Debit to this account" The account is in fact a joint account. It said that if it was a joint account - you had to get a form and apply by post. Why? I have set up any number of Direct Debits to a joint account before.
so you got yourself a new bride from the catalog how nice
When i set up a joint account we had two options either signature, or both signature toi withdrw funds or set up mandates.
The bank insisted upon this because without a clear definition of authorisation they could get caught under the direct debit gaurentee and have to refund the money
I suspect that that clause was written by someone with a limited understanding of English, who actually meant "I confirm that I am allowed to set up a Direct Debit to this account without any other person's authority".
never seen it on a domestic account
it is common on company account
Empirical evidence suggests that banks rarely take any notice of it :-(
tim
I presume that the information on the Direct Debit application would be forwarded to the bank.
At that point the bank could decide whether any requirement for two signatories had been met.
However, the final paragraph above would seem the most efficient way of protecting the bank.
No, but they have asked him to confirm that the most unusual situation is the case.
Normally they ask if you have the authority to set up a direct debit on the account (as each joint account holder normally can with private accounts).
That is so. But neither of those options meets the requirement: "I am the only person allowed to set up a Direct Debit to this account"
Robert
Personally I would just have ignored that requirement!
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