Auto Debit definition

Auto Debit means and include Direct Debit and/or ECS Debit and/or NACH Debit as applied for by the Client in the Application.
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Auto Debit means a service whereby a user instructs TNGD via the Touch ‘n Go eWallet requesting and/or authorizing TNGD to collect payment(s) in varying amounts (subject to the discretion and limits of TNGD) from his or her Touch ‘n Go eWallet and thereafter all relevant payment(s) will be
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Auto Debit has the meaning provided in Section 2.2(c).
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Examples of Auto Debit in a sentence

  • In case NACH Auto Debit is not successful for any reason and EMI has not been debited for 4 days post EMI Due date, Customer shall pay the EMI directly to designated repayment account via UPI/NetBanking/Debit Card via logging in to his GQ portal 13 Penal Interest 2% p.m. on delay of Principal / Interest / Charges 14 Pre-Payment Charges Zero Charges - conditional upon the entire outstanding loan amount being repaid to the Lender.

  • Please note that this facility may not be available for all the Banks at present however and you are requested to kindly visit website: xxx.xxxxxxxxxxxxxxxxxxxxx.xxx to check the updated list of all partner banks facilitating the ECS /Auto Debit facility from time to time.

  • This facility can be opted for automatic premium payment under this Policy for such premium paying term as availed by you under this Policy by submitting a duly signed ECS / Auto Debit mandate form.

  • You are eligible for availing the ECS / Auto Debit payment facility for your premium payments under this Policy.

  • If written notice is not received, Auto Debit will not be stopped and no refund will be given for prepaid childcare.

  • Refusal to provide the requested information will prevent the DFMWR from enrolling the patron in Auto Debit for scheduled payments.

  • For Auto Debit Arrangements, e.g. Credit Card, please complete the Authority to Charge form and submit the originally signed form to any Autosweep RFID Customer Service Center along with the photocopy of the front face of your card for encoding and activation of ADA enrollment.

  • Auto Debit – Automatic withdrawal from a checking or savings account on the 15th of each month *Please attach a voided check to this application Cash or Check – due on the 29th of each month Credit Card – Credit Card Payments are accepted in our business office, subject to a 4% processing fee If you have any questions about these options, please contact our Business Office by calling 000.000.0000.

  • Beginning in 2019, all rent charges and balances due must be paid electronically by using the PAR6 LLC / SLATE,D ACH Auto- Debit process.

  • The Lender, at its option and in its discretion, reserves the right to terminate the arrangement for Auto Debit pursuant to this Section at any time effective upon prior written notice of such election (a “Termination Notice”) given by Lender to Borrower.


More Definitions of Auto Debit

Auto Debit means the recurring payments which the Cardholder makes via the Debit Card for payment of insurances/takaful, bills and/or other services that the Bank may provide and/or introduce from time to time. “Bank” means either Alliance Bank Malaysia Berhad or Alliance Islamic Bank Berhad and includes its successors
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Auto Debit means an automatic payment method whereby We are allowed to auto debit Premiums directly from bank account or credit/ debit card;
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Auto Debit means a service whereby a user instructs TNGD via the Touch ‘n Go eWallet requesting and/or authorizing TNGD to collect payment(s) in varying amounts (subject to the discretion and limits of TNGD) from his or her Touch ‘n Go eWallet and thereafter all relevant payment(s) will be deducted automatically (without TNGD having to seek additional authorization from that User) from that User’s Account or other funding methods “linked” to such Account to be paid to the relevant merchant(s)
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Auto Debit. Payments against the outstanding dues on the Card can be made by Auto Debit facility, where funds will be automatically transferred from your YES BANK Account to your Card account on Payment due date. Auto Debit can be set for Total Amount Due or Minimum Amount Due.
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Auto Debit means electronic debit of Credit Card payment dues to your specified account in a specified manner i.e., Total Amount Due or Minimum Amount Due as the case may be.
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Auto Debit means electronic debit of Credit Card payment dues to the specified account of the Card Member in a specified manner i.e., Total Amount Due or Minimum Amount Due as the case may be.
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Related to Auto Debit

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information” on the Website.

  • Merchant means a company, firm or other organisation accepting either all Cards as a means of payment for goods and/or services or at least one type of Card for business to business transactions.

  • ATM means an automated teller machine.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • ACH means automated clearing house transfers.

  • Card means the Visa credit card and any duplicates, renewals, or substitutions the Credit Union issues to you; "account" means your Visa credit card line-of-credit account with the Credit Union; and "Credit Union" means the Credit Union whose name appears on this Agreement or anyone to whom the Credit Union transfers this Agreement.

  • Direct Debit means a payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent given to the payee, to the payee’s payment service provider or to the payer’s own payment service provider;

  • American Express means American Express Limited.

  • Cards means either a Visa, MasterCard, Discover or American Express credit card, debit card (or other similar card that requires a PIN for identification purposes), or pre-paid, stored-value or gift card.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other customary cash management arrangements.

  • Receivables Fees means distributions or payments made directly or by means of discounts with respect to any accounts receivable or participation interest therein issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.