Direct Debit Authority

DDA stands for Direct Debit Authority. It is a written authorisation signed by you as the borrower that permits the bank to automatically deduct your monthly mortgage repayment from your nominated bank account on a scheduled date each month. In the UAE, this is processed through the banking system under Central Bank regulations and requires your IBAN and formal consent. It eliminates the need to manually transfer each instalment and ensures your repayments are made on time, protecting your credit standing with the AECB.