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Can a Bank or Building Society Take Cash From a Current or Savings Account to Pay Off Debt?
Nihal: Can they decide to take cash from it to pay off any debt you have with it like a credit card? Nihal: Yes. If you're not, if you're behind or not scheduled to pay your debt,. But they must give you notice first or C. No. They can request it, but you need to actively give permission first. Not all play by the rules.