Direct Debit Payment Clause Samples

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Direct Debit Payment. 4.1. Direct Debit Payment. Corpay may, with the consent of Client, initiate debit entries to a specified deposit account held by Client at a commercial banking institution (“Direct Debit Payment”).
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Direct Debit Payment. AFEX may, with the consent of Client, initiate debit entries to a specified deposit account held by Client at a commercial banking institution (“Direct Debit Payment”).
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Direct Debit Payment. In paying for your membership fortnightly, Direct Debit Terms and Conditions must be agreed to as part of this agreement. Please check all Direct Debit documentation. Terms and Conditions are available at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇. If there are insufficient clear funds in your account to meet a debit payment you must arrange for sufficient clear funds to be in your account for re-billing three (3) working days following your scheduled billing date so that,we can process the debit payment. In the event that this payment fails, the payment will automatically be re-billed on the next debit date and a failed payment fee of $5 will apply.
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Direct Debit Payment. PER_ACC_OPEN_UK_0820_EC
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Direct Debit Payment 
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Related to Direct Debit Payment

  • Direct Debit (PRE-BILLING). (a) The Borrower agrees that the Bank will debit the Borrower's deposit account number 12331-16650, or such other of the Borrower's accounts with the Bank as designated in writing by the Borrower (the "Designated Account") on the date each payment of principal and interest and any fees from the Borrower becomes due (the "Due Date"). If the Due Date is not a banking day, the Designated Account will be debited on the next banking day. (b) Approximately 10 days prior to each Due Date, the Bank will mail to the Borrower a statement of the amounts that will be due on that Due Date (the "Billed Amount"). The calculation will be made on the assumption that no new extensions of credit or payments will be made between the date of the billing statement and the Due Date, and that there will be no changes in the applicable interest rate. (c) The Bank will debit the Designated Account for the Billed Amount, regardless of the actual amount due on that date (the "Accrued Amount"). If the Billed Amount debited to the Designated Account differs from the Accrued Amount, the discrepancy will be treated as follows: (i) If the Billed Amount is less than the Accrued Amount, the Billed Amount for the following Due Date will be increased by the amount of the discrepancy. The Borrower will not be in default by reason of any such discrepancy. (ii) If the Billed Amount is more than the Accrued Amount, the Billed Amount for the following Due Date will be decreased by the amount of the discrepancy. Regardless of any such discrepancy, interest will continue to accrue based on the actual amount of principal outstanding without compounding. The Bank will not pay the Borrower interest on any overpayment. (d) The Borrower will maintain sufficient funds in the Designated Account to cover each debit. If there are insufficient funds in the Designated Account on the date the Bank enters any debit authorized by this Agreement, the debit will be reversed.

  • FILOT PAYMENTS Section 4.01

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

  • Check-Off Payments The Employer shall deduct from every employee any dues, initiation fees, or assessments levied by the Union on its members.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (▇▇▇) ▇▇▇-▇▇▇▇. This does not apply to transactions occurring outside the United States.