0
Direct Debit - when a payment is made to a person/company direct from your bank account (eg an electricity bill). These things have to be formally agreed and set up before they can be used. Saves you writing a check/cheque and posting it off.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What does DD mean on a bank statement?
Direct Debit
How do you withdraw money from a demand draft?
f I got your question right then a DD has been issued from bank XYZ in your name and you want to deposit it in ABC. I don't see a problem in this. If the DD only has your name on it you can deposit it in any bank where you have an account. While if the DD has your bank & account details printed along with your name then you have to deposit it in the same bank as mentioned in the DD.
When demand draft is lost?
Contact the bank, give them the DD number and ask them to stop payment on the old DD and re-issue a new DD
What is bank reconciliation statement?
Bank Reconciliation Statement
Is the Bank Reconciliation statement a part of financial statement?
Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.
What does DD mean on a bank statement?
Direct Debit
Can you cancel karur vyasa bank dd?
DD of any bank can be cancelled by producing the original DD to the issuing bank and adhering to formalities prescribed by that bank.
What is a bank dd?
bank delivering days
Where is DD no written on Syndicate Bank DD?
On the top of the DD, one box will be there with Sl no. followed by digits.
How do you write a letter to bank manager for DD?
request letter to bank manager for cancellation of expired dd & re validation
What are the DD nos dated 29.04.2009 at bank code 1360?
What are the DD nos dated on 29.04.2009 at bank code no1360?
How do you find the dd no?
DD Number is usually printed in the front of the DD on the bottom panel of the draft. The exact location might vary from bank to bank, but it can be easily identified. In most cases the term "DD No:" is added as a prefix before the DD Number for easiy identification. If you cant find it, call up your bank customer care and they will help you with it.
How do you get a bank draft?
You can walk into any bank's branch and ask them for a demand draft requisition form. Once you fill the form and pay the money required the bank will issue you the DD you wanted. If you are a customer with the bank, they might charge you a little less for the DD fee but that does not prevent you from getting a DD from any bank.
How do you write an application to bank manager for DD?
best sample of an application to bank manager for issuing DD to pay the fee instalment in college.
Is it possible to take DD from Federal bank for Kerala nursing registration?
Federal Bank is one of the best banks in kerala. you can take dd from that bank for any transaction in kerala.
How dd can be cashed?
A Demand can be cashed in either of the following ways: a. Take the DD to the bank that has issued it (any branch would do) and provide valid identification to prove that you are the person to pay whom, the DD was taken. The bank will pay cash immediately b. Take the DD to any bank that you have a bank account with and deposit it into your bank account. Cash will reach your account within 2-3 working days.
How do you withdraw money from a demand draft?
f I got your question right then a DD has been issued from bank XYZ in your name and you want to deposit it in ABC. I don't see a problem in this. If the DD only has your name on it you can deposit it in any bank where you have an account. While if the DD has your bank & account details printed along with your name then you have to deposit it in the same bank as mentioned in the DD.
