Questions tagged [direct debit]

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SakuraSmile SakuraSmile Thu Sep 05 2024 | 6 answers 976

Can someone set up a direct debit without my permission?

I'm curious to know, is it possible for someone to set up a direct debit from my account without my explicit permission? It seems like a serious concern, especially in the realm of financial transactions and cryptocurrency. How does the process of authorizing a direct debit typically work, and what safeguards are in place to prevent unauthorized access? Additionally, what steps can I take to ensure my financial security and monitor any potential fraudulent activity?

Can someone set up a direct debit without my permission?

|Topics at Cryptocurrency Q&A

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