SEPA Core Direct Debit Scheme definition
Examples of SEPA Core Direct Debit Scheme in a sentence
If you want to set up a SEPA direct debit payment, it will normally come under the SEPA Core Direct Debit Scheme.
The SEPA Core Direct Debit Scheme (the “Scheme”) is a pan-European Direct Debit Scheme that operates in all SEPA countries, namely the EU member states, the three additional member states of the European Economic Area (the EEA), and other countries and territories which have been admitted to the SEPA geographical scope having met the EPC's criteria for adherence to and participation in SEPA, as listed on the EPC website and updated from time to time.
The Bank’s decision is final for the participants of the SEPA Core Direct Debit Scheme as defined in the SEPA Core Direct Debit Rulebook.
Any payments under the SEPA Core Direct Debit Scheme will be subject to the SEPA Core Direct Debit Rulebook.
The EPC oversees the operation of the Scheme in accordance with the terms and conditions set out in the SEPA Core Direct Debit Scheme Rulebook (the “Rulebook”).
The SEPA Core Direct Debit Scheme (the “Scheme”) is a pan-European Direct Debit Scheme that operates in all SEPA countries, namely the EU member states, the three additional member states of the European Economic Area (the EEA), Monaco, San Marino and Switzerland, and other countries and territories which have been admitted to SEPA having met the EPC's criteria for adherence to and participation in SEPA.
The bank where the account of the Creditor is held and which has concluded an agreement with the Creditor in relation to the terms and conditions of a product based on the SEPA Core Direct Debit Scheme.
All terms capitalized and not defined shall have the meaning given to them in the SEPA Core Direct Debit Scheme Rulebook.
Further details on the SEPA Core Direct Debit Scheme are available on our Website ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇ or ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.