Peter59;248428 wrote:We are led to believe that with DD we are in control. Not entirely correct!
DD's are controlled by the party the who claim the monies - i.e. the person whom you are paying.
SO's are in your control.
It is why suppliers give you a discount if you are on DD as they know they can manipulate it later down the line.
Also they word it cleverly such that you get the feeling you are in control, whereas reality is different. What you are actually in control of is the providers website where you can set the limit, but they reserve the right to change it - so you have no control.
With DD you have essentially given the supplier access to your accounts.
The new trend seems to be them accessing your bank accounts via you debit card - whereas you can cancel a DD when they have your debit card details, it is far harder to stop payments given that if you cancel you debit card, then the payments agreed get transferred to your new debit card automatically.