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If a DD taken in favor of an 'canteen'be used to transfer money to ownerof that canteen?
Wiki User
∙ 16y ago
(UK and Australia)...... A DD is a banking Direct Debit. It is initiated by the payee after the payer has agreed to it, in this case the payee is 'canteen'. The money will be transferred to the payee account from the payer bank account . The owner of the busines called 'canteen' will be entitled to use that money according to its business rules. apault.
Wiki User
∙ 16y ago
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