2 ms·
1. It's easy to setup a company 2. There's no validation that the direct debit is being setup by the account owner
by akrymski 4y ago
1. It's easy to setup a company
2. There's no validation that the direct debit is being setup by the account owner
- vimy 4y ago1. It’s a bureaucratic mess. And scammers will also need to deal with the bank first. 2. With a paper form they need your autograph and other ID data. Or when it’s digital you need to authorize the request with your banking app.
- akrymski 4y agoIn the UK it's £10 to register a company online in minutes. Direct debit instructions require nothing beyond a name and account number.