Direct Debit Payment
Direct Debit is the most efficient way to pay your account with KOL. Direct Debit means we can reduce our account processing costs, and pass the savings on to you.
Direct Debit gives you absolute control of your account. To cancel your Direct Debit please email accounts@kol.co.nz at least 2 working days before your next payment is due. You will also need to contact your bank to terminate the authority.
Download:
- New Customer Direct Debit form (335 Kb).
- Existing KOL Customer Direct Debit Form (404 Kb).
When will the payments take place?
We have included a fact sheet with the Direct Debit form. This will fully explain the Direct Debit payment terms and procedures. Please make sure you read this carefully and keep for future reference.
Form Instructions
The direct debit form must be completed as follows (complete all sections not shaded):
- Name of Account
- Name of the holder of the bank account.
- Account Number
- Your 15 or 16 digit complete account number.
- Bank Branch
- Name of the bank & branch, where the account is held.
- Town/City
- Physical address of your bank.
- Reference
- What you would like to appear on your bank statement.
- Date
- Date you signed the form.
- Authorised Signatures
- Signature of the person(s) who have authority to permit the direct debit on the account.
Once complete, you need to return the ORIGINAL Direct Debit form to:
PAYMENTSKiwi Online
PO Box 34-784
Birkenhead
AUCKLAND
Your account will be activated once we have received your forms. Allow 3-5 working days for postal delivery.
If you have any questions, email info@kol.co.nz.