What happens if my Direct Debit can't be processed?
Direct Debit transactions are attempted once. A Direct Debit will automatically dishonour if there isn’t enough money in your account to cover it.
Dishonoured payments are sent back to the Initiator (the person you pay with the Direct Debit) and it is their responsibility to arrange an alternative payment method with you.
Other reasons a direct debit might not work include:
· A hold on your account.
· ASB hasn’t received an authority allowing the Direct Debit.
· The Direct Debit is to the wrong account suffix.
· ASB cancelled the Direct Debit authority on your request.
To have the ability to create a direct debit file to pull money from other accounts, you must be a ...
If any of the payers in a receipt, for example, do not have sufficient funds, the money cannot be deducted ...
We also allow automatic importing of payments into FastNet Business from your accounting software if your accounting software provider supports ...
Before you begin, display the Create Direct Debit Receipt page by: Selecting Transactional Banking on the FastNet Business tab bar ...