Raiffeisen Naturally The blog

Direct debit

Direct debit- make your life easier! 

When you set up a direct debit (or domiciliation) for your bills, you authorise your supplier to request payment from your bank.

You don’t need to do anything else — your bills will be paid automatically. Contrary to a standing order, the initiator of the payment is the creditor, for whom this means of payment is a quick and easy collection method.