The transfer of funds from one account to another for payment, or the procedure to do so; often used interchangeably with direct debit.
公共料金は口座振替で支払っているので、請求書を確認するだけで済む。
I pay utilities by account transfer, so I only need to check the bill.
銀行で口座振替の手続きをすると、毎月自動的に引き落とされる。
If you set up an account transfer at the bank, payments will be debited automatically each month.
口座振替の名義人が変更になった場合は、再度手続きが必要だ。
If the account holder for a direct debit changes, you must submit the procedure again.