Cancelling a Direct Debit


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Cancelling a Direct Debit at an Australian Bank.

Cancelling a Direct Debit that you have previously set up, sometimes proves to be a bit harder than you might expect, and the procedure may depend on what type of account the debit is being paid from.

These two headings are referred to separately at the Financial Ombudsman Service website.

  • Direct Debits from a statement account
  • Direct Debits and credit card accounts

One interesting comment from that website is:

    You should remember, however, that cancelling the direct debit authority may be in breach of your contract, so you should check your contract and seek professional advice.

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