Yes, you can set up outbound Direct Debits to collect invoice payments from your customers.

If you’re asked to provide the address of your banking provider, you can find it in your Tide app by tapping More > Transactions > Direct Debits.

Once requested, Direct Debits can take up to 5 days to become active. The Direct Debit process starts early in the morning, Monday to Friday, excluding bank holidays. Please make sure that you have sufficient funds available in your account the day prior to the Direct Debit being taken.