How to Configure The Direct Debit

The process of setting up the direct debit starts with the setup of the following parameters on the Indicina backend:

• RC Number
• BVN
• Corporate Bank Name
• Corporate Account Number

The following documents are required to be shared, for compliance purposes:

• Directors’ ID
• CAC status report
• MEMART
• CBN license
• Utility Bill

Once these are configured, the service can be enabled on the desired loan product.