Direct Debits

Lurgan Credit Union’s Direct Debit facility is one of our most popular facilities that we offer you the member. This enables you to make payments on your account either into savings or loan repayments or indeed it allows you to do both during one transaction. Any queries you may have regarding Direct Debits are below.

 

How long does it take to set up a Direct Debit? 

Three weeks are required to set up a direct debit on a member’s account. This time is required to allow administration with your bank.

Can I set up a Direct Debit to come out of someone else’s bank account to go into my Credit Union account? 

Yes, you can set up a Direct Debit to come out of someone else’s bank account as long as the account holder signs the bank mandate part at the top of the direct debit form and the member signs the bottom section of the mandate.

Is there a charge for setting up or canceling my Direct Debit? 

Lurgan Credit Union Limited does not charge for setting up, amending or canceling Direct Debits. Although there may be a charge imposed by your bank, you will have to check with them.

How much notice do I need to give to amend or cancel my Direct Debit? 

Lurgan Credit Union Limited requests a minimum of three days notice to process an amendment or cancellation to a Direct Debit, any less than this may result in your bank account being debited in error.

Can I set up or change my Direct Debits without visiting the office? 

Yes you can download a form using the links below or we can post a form out to you on request.  All forms must be completed and returned to our office for processing.

What is my reference number? 

This is your Lurgan Credit Union account number and must consist of 6 digits.

Example 1: account number 12345/99 use only the first part that is 12345 and put a zero in the left most box: 012345

Example 2: account number 7777/99 use only the first part that is 7777 and put 2 zeros in the 2 left most boxes: 007777

Direct Debit Setup

Please allow three weeks when setting up a new Direct Debit

Click here to download the direct debit mandate form

Direct Debit Amendments

Amendments can be carried out with three to four days notice – please allow time for post

Click here to download the direct debit amendment form

Direct Debit Cancelations

Cancellations can be carried out with three to four days notice – please ensure you allow sufficient time for post

Click here to download the direct debit cancelation form

For further information on Direct Debits contact

Carol Craig on: –

028 3832 5016

Or via email: ccraig@lurgancu.com