Direct Debits with your Dozens account

Direct debits are coming very soon. You are right that at this particular moment, it will not include all expenditure for budgeting.

For the time being, the Track budgeting functionality can be used to monitor a specific budget based on the particular money you move in and spend, rather than your entire income.

As a second account, it could be used for day-to-day spending while keeping salary and direct debits elsewhere. Those are more fixed items in any case, so this should help to focus on more discretionary spending, and therefore opportunities to save and invest.

As we add the full planned functionality, including an eventual banking licence, it will be easier to use this for all spending of course.

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Hi Robert

A quick follow up to the budget question above if I may. In the video it mentions that when setting up a monthly budget you can advise a specific cost (the video mentions a car) and the it will take that into account when showing your money left tonsoend per day/week/month.

My question is how is that adjusted when you spend some money on, in the video example a car?

For example; i have £500 a month and I allocate £100 a month in my budget for books.

That leaves £400 to spend.

If I then buy a £50 book I should still have £400 to spend in my budget (but only £50 left in my book budget) but how does the app know this? I assume I have to manually adjust the “book” figure everytime i buy a book?

I’m not sure if that was clearly asked. It’s a simply question in my head but surprisingly difficult to type clearly!

“standing orders and direct debits are not available yet - these are coming in the near future” also in another post Mar 17

May I ask if there’s any update on direct debit? I tried setting up one yesterday and I was informed the direct debit can’t be set up. Thanks in advance @robert

Curious to see if the DD’s are materializing anytime soon @robert as it’s been 6 months since your post saying soon now

Communication is important in regards to things like this

Indeed, you are right.

We’ve been working on many new services and integrations recently. I can’t give specific dates at this precise moment, but this announcement might give you some more useful information:

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As they’re a clearing bank does this mean you’ll be able to bring us check imaging as well as DD’s?

Cheque imaging is on the future roadmap but is not something that will be available in the short term, I’m afraid. It is not part of the agreement we have with Clearbank, but we will certainly focus on getting the Direct Debit and Standing Order facilities in place.

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I definitely agree with getting those done first - I don’t see check use increasing in the short-term but DD’s and SO’s are definitely going to increase in usage

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I cant see a way to set up a standing order, is that something that is coming ?

I know I can pay someone manually, but I want to set up a few standing orders and give dozens a try.

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standing orders and direct debits are not available yet - these are coming in the near future

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@robert

Hi,

Sorry if I’ve missed it, but can you tell me if #directdebits are available as of yet?

I’m now looking to move some of my banking to you and this would be handy to knowing advance.

Sherlock

Have you seen Direct Debits?

Looks like direct debits and a host of other enhancements should be coming in a month or so.

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Hi @Sherlock - not yet, I’m afraid.

The development and testing work needed for this have been delayed as we were required to focus our efforts on some other issues, such as Open Banking, as well.

I do not have a date for this yet, but it will probably be a few months still, but I promise to share any dates as soon as I get anything more firm.

I’ve had a few questions on the subject of Direct Debits and Standing Orders recently so felt it was better to put these different conversations in one topic so it is easier for everyone to track.

Currently there is still no update I can share. Our development team is hard at work on many different areas and integrations, particularly as we expand the services available through our PI1 platform which runs Dozens.

We are still a small organisation with relatively limited development resources so I cannot say exactly when these will be available through Dozens, but I promise to keep you updated with news when I get it.

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Is there any update on this and cheque pay ins, as it’s now harder than ever to do anything

Hi @Janelle. I’m afraid we still do not have an ETA on this just yet, but thank you for your patience! You’re right, somethings are proving a bit harder due to the current situation.

Is there any other services that you feel have taken a bit of a hit?

Same stuff aswell as saving pots could be very useful rn

  • Janelle.

Thanks for the feedback! What do you like about savings pots? Is it the no- touch feature or perhaps the customisation?

Being able to save up for specific things like it’s a great money management tool if I’m honest like different posts for different things I need to save for some that you can lock down that you can

  • Janelle.

It’s not quite the same, but for the time being you can still put money aside into your Cash Savings where you ‘can’t touch’ it. What I have done is made a wish list :dizzy: in the Grow section of the app as a reminder of what I’m saving up for. Have you had a go setting up a wish list yet?