Mar 30, 2005 12:10
19 yrs ago
16 viewers *
English term

direct debit > US English

English Bus/Financial Finance (general)
What term is used for this in the US. I'm translating a text from German to English, but it needs to be understood in both the UK and the US, and from googling "direct debit" seems only to have UK hits.
For a definition, see previous question: http://www.proz.com/kudoz/616344?keyword=direct debit

Thanks!

Responses

+6
2 mins
Selected

direct debit

ok also in US

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Note added at 5 mins (2005-03-30 12:16:00 GMT)
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ex. of hits
Directly Debit Any U.S. Checking Account Directly debit checks by phone, fax or Internet. Deposit the funds into any U.S. bank the same day, fee-free with CheckWriter(TM). 30-day money-back guarantee. Free online demo.
yourfavorite.com
Direct Debit Direct debit. Easy, fast and convenient. Get your money quicker. Perfect for recurring transactions.
www.nationalach.com
Electronic Payments Electronic payments through the Automated Clearing House can reduce your costs.
www.epaymentsystems.com
Peer comment(s):

agree Richard Benham : You've convinced me.
11 mins
Thanks Richard!
agree morgenhund
45 mins
Thx
agree Robert Donahue (X)
57 mins
Thx
agree Tatiana Nero (X)
1 hr
Thx
agree Can Altinbay : I'd say cmwilliams' response is good, too, but this response enables the asker to use the term in both places, which was the original question. (Am I making any sense?)
2 hrs
Thx
agree Michael Schubert : Absolutely OK for US audience; very common here.
3 hrs
Thx Michael!
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4 KudoZ points awarded for this answer. Comment: "Thanks!"
49 mins

preauthorized debit

or preauthorized electronic debits

* Preauthorized debits represent a passive technology; once consumers sign up for automatic payment of a particular bill (a mortgage or utility payment, for example), they need do little more than ensure that funds are in the account by the debit date.

Full text of the article, 'US consumers and electronic banking, ... (14) The
proportion of households using preauthorized debits also grew considerably. ...
www.findarticles.com/p/articles/ mi_m4126/is_2004_Winter/ai_n8688706/pg_2

... conversation with a consumer who agrees to preauthorized debits does ...
When a preauthorized electronic fund transfer from a consumer’s ...
www.federalreserve.gov/SECRS/ 2004/November/20041118/R-1210/R-1210_30_1.pdf

... A preauthorized debit is an electronic transfer of funds, ... Preauthorized
Debits let the National Finance Center collect payments automatically on a ...
sig.nfc.usda.gov/dprs/preauthor.html
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4 hrs

direct debit

works in both languages,please also consider direct debit account as reference
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