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Direct Debit – Automatic Payment of Bills


Automatic payment of bills is the service that allows you to automatically pay the bills for services rendered by different companies.

By using the Automatic payment of bills, the customer will not have to visit the bank each month to pay the bills. The bank will automatically pay the bill from the customer’s account held with the bank in compliance with the bill information sent by the company.

An agreement of direct debit may be concluded:

  • At any branch of the bank;
  • By calling 67444444 (for user of remote banking services);
  • In the Swedbank Internet Banking, section – “Bank/ My agreements/ Direct debit

Advantages:

  • Save time and money by not having to go to the bank to effect payments;
  • Pay lower commission charges than when paying the bills in cash
  • The bank will pay the bill on time directly from your account (provided there are sufficient funds on the account);
  • Information on the paid bills is available in the Swedbank Internet Banking and in your account statements;
  • Each month you receive an informative bill copy from the company .

To set up a direct debit, you have to: