direct debit

noun

an order given to a bank or building society by a holder of an account, instructing it to pay to a specified person or organization any sum demanded by that person or organizationCompare standing order

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012