Debit Date definition

Debit Date. Refers to the date the Bank is instructed by the cardholder to collect a certain sum from the designated account and pay the acquirer or merchant for the cardholder's purchases.
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Debit Date is the day your primary deposit account will be debited and is also the day that we will begin processing your Payment Instruction. If you schedule a future Debit Date for a payment, and the date you schedule falls on a non-Business Day, the Debit Date will be the Business Day immediately preceding the date that you scheduled.
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Debit Date means the date specified in the relevant Service and Service Charge Details as the date on which the Transferred Funds shall be debited from the Customer's Account.
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Examples of Debit Date in a sentence

  • If you have a balance of £100, and the minimum payment we ask you for in your statement is £20, and there is a refund to your account of £50 between your statement date and your payment due date (or your Direct Debit date, if earlier), then we will still require you to pay the full minimum payment of £20.

  • If you have a balance of £100, and the minimum payment we ask you for in your statement is £20, and there is a refund to your account of £90 between your statement date and your payment due date, (or your Direct Debit date, if earlier), then we will reduce the minimum payment needed so that it equals the full remaining balance of £10.

  • If a Direct Debit payment fails, Late Fees will apply and be added to the next Customer´s Direct Debit on the next scheduled Direct Debit date.

  • PWD, will keep a record of the Direct Debit Authorisation for 7 years from the last Direct Debit date, in accordance with APCA’s policies.

  • If the Debit date falls on a weekend or banking holiday, MCB will conduct the applicable Debit on the next possible business day.


More Definitions of Debit Date

Debit Date. It refers to the date on which the Bank pays the expense amount by debiting the passbook deposit account specified by the cardholder. 7、「結匯日」：指持卡人於國外持卡消費後，由貴行或貴行授權之代理人依 VISA 國際組織所約定之匯率，將持卡人之外幣應付帳款折算為新臺幣結付之日。
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Debit Date. Refers to the date the Bank is instructed by the cardholder to collect a certain sum from the designated account and pay the acquirer or merchant for the cardholder's purchases. 七、 「結匯日」：指持卡人於國外持卡消費後，由貴行或貴行授權之代理人依各信用卡組織所約定匯率，將持卡人之外幣應付帳款折算為新臺幣結付之日。
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Debit Date means, in respect of an Investment Fund, such day as selected by you and agreed to by DBS on which the Monthly Contributions shall be debited from the Settlement Account;
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Debit Date means the day on which the exact amount for the Stock purchased is pursuant to the Plan. It is the fourth trading day of HKEx after the Hold Fund Date.
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Debit Date means, in respect of an Investment Fund Account, such day as selected by the Customer and agreed to by the Bank on which the Monthly Contributions shall be debited from the Settlement Account.
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Debit Date is the day your primary deposit account will be debited and is also the day that we will begin processing your Payment Instruction. If you schedule a future Debit Date for a payment, and the date you schedule falls on a non-Business Day, the Debit Date will be the Business Day immediately preceding the date that you scheduled. “Due Date” is the date reflected on your ▇▇▇▇▇▇ statement for which the payment is due. It is not the late date or grace period. “Pay Date” is the day your ▇▇▇▇▇▇ should receive your payment. “Payment Instruction” is the information provided by you to the Bill Payment Service for a bill payment to be made to the ▇▇▇▇▇▇ (such as, but not limited to, ▇▇▇▇▇▇ name, ▇▇▇▇▇▇ account number, and Debit Date).
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Debit Date. Amount: $ 2nd Debit Date: Amount: $ Authorization
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