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Inter Bank Transfer of Direct Debit Instructions

Posted by Peter Brady on Wed 4th October 2006 at 06:00 AM, Filed in Credit Tips,  Glossary

This is a very handy service that assists customers when transferring their Bank/Building Society accounts. It does this by electronically transferring Direct Debit and Standing Order information to the organisation your switching over to. This can also be known as the rather long winded Acronym ToDDaSO.

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