Direct Debit

In a direct credit, the payer pushes money to the payee. In a direct debit, the payee pulls money from the payer's account, which is why a valid mandate is essential.

The process is:

1. The payer signs a mandate authorising the biller (for example an insurer, lender, school or utility) to debit the account, often with a maximum amount and frequency.
2. The mandate is registered with the payer's bank, either on paper or electronically.
3. On each due date, the biller's bank sends a debit request through the clearing system.
4. The payer's bank debits the account if funds are available, and the money is credited to the biller.

Direct debits are convenient for recurring payments such as loan EMIs, insurance premiums and subscriptions, and they reduce missed payments. Payers can usually cancel the mandate and dispute unauthorised debits.

In Nepal, NCHL-IPS supports direct debit transactions between member banks, and banks also offer standing instructions within the same bank.

प्रत्यक्ष क्रेडिटमा भुक्तानीकर्ताले रकम पठाउँछ भने प्रत्यक्ष डेबिटमा भुक्तानी पाउनेले भुक्तानीकर्ताको खाताबाट रकम तान्छ, त्यसैले वैध म्यान्डेट अनिवार्य हुन्छ।

प्रक्रिया:

१. भुक्तानीकर्ताले बिलर (बिमा कम्पनी, ऋणदाता, विद्यालय) लाई खाता डेबिट गर्न अधिकार दिने म्यान्डेटमा हस्ताक्षर गर्छन्। २. म्यान्डेट भुक्तानीकर्ताको बैंकमा दर्ता हुन्छ। ३. प्रत्येक भुक्तानी मितिमा बिलरको बैंकले क्लियरिङ प्रणालीमार्फत डेबिट अनुरोध पठाउँछ। ४. रकम भए भुक्तानीकर्ताको बैंकले खाता डेबिट गरी बिलरलाई क्रेडिट गर्छ।

कर्जाको किस्ता र बिमा शुल्क जस्ता नियमित भुक्तानीका लागि उपयुक्त हुन्छ। नेपालमा NCHL-IPS ले सदस्य बैंकबीच प्रत्यक्ष डेबिट समर्थन गर्छ।