Direct Credit Sample Clauses
The Direct Credit clause establishes the method by which payments are made directly into a recipient's bank account, rather than by cash, cheque, or other means. In practice, this clause typically requires the payer to transfer funds electronically to a specified account, often including details such as account numbers and payment timing. Its core function is to streamline payment processes, reduce administrative delays, and minimize the risk of lost or misdirected payments.
Direct Credit. All MPI employees will provide a nominated bank account number for the direct crediting of their pay which will be paid fortnightly.
Direct Credit. Claim benefits/refunds deposited directly into your bank account (please choose one of the below options) Use the above bank account or Select a different bank account (please provide details below) Account name BSB number - Account number
Direct Credit. Teaching Staff offering courses where direct credit is offered and utilized shall be compensated the Schedule B rate $25 per hour for up to sixteen (16) hours of work. These hours will be provided to the building Principal at the end of the school year.
Direct Credit. (a) You will be paid directly into your account with a financial institution;
(b) You must give Diners Club details of your account at the time of your application, otherwise Diners Club will withhold payment until you provide such details;
(c) You must ensure that Diners Club has the correct details of your Direct Credit Account at all times;
(d) You must give Diners Club at least seven (7) days advance written notice if you change or cancel your Direct Credit Account;
(e) Diners Club is not liable for any Loss you suffer, incur, pay or are liable for as a result of a Direct Credit Account no longer being current or cancelled or changed by you, where you have not notified Diners Club in accordance with clause 6.4(d). This Loss includes the Loss you suffer, incur, pay or are liable for as a result of Diners Club transferring funds to a Direct Credit Account that is no longer current or has been cancelled or changed by you;
(f) Diners Club may end the Direct Credit arrangements at any time by giving you 5 Business Days advance written notice.
Direct Credit. If using this payment method, you must quote the payment reference number provided at the time of your contribution and you must make two separate payments as follows:
(a) to a bank account nominated by us from time to time for the payment of contributions to a default fund(s) and
(b) to the payment agent bank account in relation to contributions to external funds. Provided monies are paid to us before 12pm (Sydney time) on a business day, the monies will normally be credited to the payment agent bank account that night. Where monies are paid on or after that time, the monies will normally be processed the night of the following business day.
Direct Credit. Anchor Investors having their bank account with the Refund Bank may be eligible to receive refunds, if any, through direct credit to such bank account; and
Direct Credit