Direct Debit Scheme definition

Direct Debit Scheme means a common set of rules, practices and standards agreed between payment service providers for the execution of direct debit transactions.

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Direct Debit Scheme means a direct debit scheme under which we provide debtor bank services to you in your capacity as debtor, but does not include the SEPA Core Direct Debit Scheme or the SEPA B2B Direct Debit Scheme;

Direct Debit Scheme means the facility offered to the Customer to pay towards the Total Payment due by way of monthly Direct Debit payments payable on the day of each month specified on the front page of this Agreement

Examples of Direct Debit Scheme in a sentence

If the rate of VAT should change, the Service Plan Provider will adjust the Total Payment and payments due pursuant to the Direct Debit Scheme and/or any Accelerated Payment to reflect the new rate of VAT, and the Customer agrees to pay the adjusted payments.
The EPC oversees the operation of the Scheme in accordance with the terms and conditions set out in the SEPA Business to Business Direct Debit Scheme Rulebook (the “Rulebook”).
The Debtor Bank’s decision is final for the participants of the SEPA Direct Debit Scheme as defined in the Rulebook.
If you want to set up a SEPA direct debit payment, it will normally come under the SEPA Core Direct Debit Scheme.
This Guarantee is offered by all Banks and Building Societies that take part in the Direct Debit Scheme.

More Definitions of Direct Debit Scheme

Direct Debit Scheme means a scheme where a member provides written authority for contributions payable to the QNTDB, WA, NSW or the SA Divisional Branch to be deducted, on such regular basis as the respective Divisional Branch Secretary agrees, from the member’s financial institution, similar debit account or credit card;

Direct Debit Scheme means a scheme where a Member provides written authority for the payment of their annual subscription to the Union to be deducted, on such regular basis as the Executive Council determines, from the member’s bank account or similar debit account;

Direct Debit Scheme means the system in which the Club offers to spread the cost of a Season Ticket

Direct Debit Scheme means a scheme where a member provides written authority for the payment of Subscription Fees to the QNMU to be deducted, on such regular basis as the QNMU determines, from the member’s bank account or similar debit account;

Direct Debit Scheme means a scheme where a member provides written authority for the payment of Subscription Fees to the QNU to be deducted, on such regular basis as the QNU determines, from the member’s bank account or similar debit account;

Direct Debit Scheme means the facility offered to the Customer to pay towards the Total Payment due by way of monthly Direct Debit payments.

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