OREANDA-NEWS. September 04, 2013. AS "SMP BANK" offers you a convenient opportunity to save time and money by choosing the automatic payment of bills (Direct Debit) right from your account.
 
In accordance with the concluded Direct Debit Agreement, the Bank shall automatically pay bills from various enterprises for services rendered right from your account - bills for cable TV, Internet, utilities, sports club, press subscription, etc. 
 
For a general list of companies whose services can be paid automatically, please click here.
 
The service is available for residents of Latvia - for natural persons and legal entities, and for non-residents of Latvia - natural persons, who have a residence permit in the Republic of Latvia.
 
How does it work?
 
You need to have an account with AS "SMP BANK" and sign an agreement or several agreements on automatic payment of bills.
 
Upon the maturity of payment, the Bank will transfer the necessary amount from your account to the Company specified in the Agreement. Your only concern will be to provide enough funds in your bank account on the day of the payment to pay the bills and commission.
 
Direct Debit Agreement can be signed both for fixed an indefinite period of time.
 
Advantages
 
you no longer have to worry about the timely payment of monthly bills;

lower rates, compared to cash payments;

time saving - you will spend your time only on the conclusion of the Direct Debit Agreement;

timely payments - delay of payment is possible only with your permission;

security and accuracy of cashless payment;

number of Companies whose bills can be paid via automatic payments is constantly increasing;

you can always see the information about bill payments in your account statement;

you'll have a complete control over the bill payments and you may suspend the Direct Debit Agreement if necessary.