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Why do you need to set up a Direct Debit?
Why do you need to set up a Direct Debit?
Updated over 6 months ago

Direct Debits are the primary method to deposit money into Plum and it supports all our automatic depositors. By setting up a Direct Debit you are allowing us to take money out of your account when you request it either via our deposit rules or a manual deposit that you initiate within the app.

No money will be taken out of your account without your consent.

Please be aware that in line with our Terms & Conditions, Plum is not liable for any overdraft charges you may incur as a result of any direct debits related to your use of our services (e.g. depositors).

You should manage your account and direct debit arrangements responsibly to avoid any potential overdraft charges.

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