Common use of Debit Transactions Clause in Contracts

Debit Transactions. Unless otherwise agreed, debit transactions are carried out on the express condition that the account presents a prior, sufficient and available provision. The sums are debited from the Client's account on the day of the transaction. The Client may carry out the following debit transactions: opposition, irregular endorsements, account closed, etc. This payment obligation expires one year after the expiry of the deadline for presenting the cheque for payment.

Debit Transactions. Unless otherwise agreed, debit transactions are carried out on the express condition that the account presents a prior, sufficient and available provision. The sums are debited from the Client's account on the day of the transaction. The Client may carry out the following debit transactions: oppositionabroad, irregular endorsements, account closed, etcif the Client holds an international card. This payment obligation expires one year after the expiry of the deadline for presenting the cheque for payment. This one-year period is valid from the date of issue of the cheque.