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AMY FOUNDATION, CLIENT SINCE 2021

FAQ and support

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What is a Debit Order?

A debit order is a commitment between you and a third party to take an agreed amount of money out of your bank account every month to pay for a service or to repay a loan. … As you decide on the date your debit order will go off, it can ensure that your financial priorities are paid first and soon after payday.

What is the difference between Debit Order and stop order?

In simpler terms a stop order or scheduled payment is an instruction that you issue to your bank to make a series of future dated recurring payments, whereas a debit order is an instruction that you provide to a third party to pull the funds from your bank account.

How do I stop a Debit Order?

You may also stop a future debit order payment for a given period by requesting that your bank places a stop payment instruction on your account. Your bank will advise you regarding the period for which the stop payment instruction will be effective, and how it operates.

Invest in sustainable
fundraising

Debit orders are the most sustainable donation type.
The average lifetime value of a R200 debit order is R50 000!

LIV VILLAGE, CLIENT SINCE 2023

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