If you have to pay money for an unknown time once in a specified number
of days, companies may give you the option of an automatische incasso.
This means you give them the right to automatically collect money from
your bank account. If such a company collects too much or too often
money from your account, it is possible to undo that collection. To do
that, you have to contact your bank.
Automatic collection is English for automatische incasso.