iccommunications.co.uk started this topic @ 21:35 on 08/08/2004
I wondered how easy it is to set up direct debits for my customers so that when they purchase an 0800 number from me I can just take out their total amount of call charges at the end of the month like a mobile phone bill?
Plus any way of setting up a direct debit of a set amount per month?
Thanks
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www.iccommunications.co.uk - 0845 numbers, 0700 and 0800 numbers
www.0870receptionist.co.uk - Free 0870 numbers, free voicemail, free switchboard - Instant online connection!
RE: direct debits
Adam | 08/08/2004 10:58 PM
You will need a business account. The banks need to trust you so it may take some work but you can DD either a fixed amount or variable.
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www.youcangetit.co.uk - Business services and community. Do you get it?
RE: direct debits
James Smith | 09/08/2004 09:28 AM
From the banks point of view you have to be credible. Therefore history is important, almost certainly 1 year, probably 2 or 3. I don’t know if things have moved on recently, but I would be surprised if they where available to startup/very small enterprises.
Ask you bank what their policy is, i would be interested in finding out if they are offering DD's to smaller entities.
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James Smith
Chartered Accountant
www.jamesesmith.co.uk
01235 536 773
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Your indispensable guide to Small Business Bookkeeping, Self-Assessment & VAT
RE: direct debits
iccommunications.co.uk | 09/08/2004 01:13 PM
I am with Hsbc and I already have a business account as for credability I have only banked with them for just under a year.
I will give them a call and see what they say.
Thanks
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www.iccommunications.co.uk - 0845 numbers, 0700 and 0800 numbers
www.0870receptionist.co.uk - Free 0870 numbers, free voicemail, free switchboard - Instant online connection!
RE: direct debits
ableitc | 10/08/2004 03:12 PM
iCCommunications,
I required the ability to recieve and setup direct debits, l bank with HSBC, and was told that it was designed for corporations with over 500 employees with an annual turnover in excess of £500,000.
This maybe the line they gave me though ....
Grant
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RE: direct debits
Kalnet4u | 13/08/2004 07:44 AM
The better option in the early years would be to use World Pays 'Future Pay' service. It works alon the same lines as a DD, only it debits the card instead.
The customer signs up online to a future pay agreement and you would enter the amounts required each month.
That's the basics of it, more info on WorldPay's web-site. They do charge a fee to have future pay added but we currently pay £5 per new DD we setup so it would actually work out cheaper as far as setup fees go.
On the DD side of things we get charged 1% of the transaction, where as worlpay is somewhere between 3 & 5% when you take into account their transmission charges etc.
Either way its a way forward.
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Jamie
www.TamarTelecommunications.co.uk">href="http://www.TamarTelecommunications.co.uk">www.TamarTelecommunications.co.uk
