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  • How to get extra security for direct debit mandate?

    Posted by Husain on September 22, 2022 at 1:00 am

    Hi All,

    I want information about the IBAN and the direct debit mandate.

    My concern is when I register for direct debit in any purchases it does not ask for any OTP, Photo, TAN App but only asks IBAN (my address, mobile number & DOB). How safe is it?
    Can I add an extra layer of security while registering for a direct debit mandate?

    Navin replied 1 year, 5 months ago 2 Members · 1 Reply
  • 1 Reply
  • Navin

    Member
    September 24, 2022 at 11:36 pm

    Direct debit happens without any extra authentication after the registration. You just need TAN for transferring money