Direct Debit Scheme means a common set of rules, practices and standards agreed between payment service providers for the execution of direct debit transactions.
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 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 determines, from the member’s bank account or similar debit account.
Examples of Direct Debit Scheme in a sentence
Conditions 13.2 and 13.3 do not apply and your refund rights under the UK Direct Debit Scheme will apply.
This document sets out the Terms and Conditions applicable to our Personal Sterling Current Account and the related products and payment services, including the use of a Debit Card where this facility is made available, the ability to make payments under the Direct Debit Scheme, Standing Orders, cheque clearing services and payments to third parties using the Faster Payments Service, BACS and CHAPS.
More Definitions of 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 Contract.
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 contributions payable to the QNTDB 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 the scheme for the manual or automated debiting of bank accounts operated and administered by Bacs;
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 service provided by L&Z whereby payment by the Payer for products and services provided by the Customer are collected by means of a Direct Debit facility operated and managed by L&Z. Documentation: the document made available to the Customer by L&Z online notified by L&Z to the Customer from time to time which sets out a description of the Services and the user instructions for the Services. Effective Date: the date of this Agreement. Electronic Payer Application Form: a form required by the operators of Bacs to set up a paperless direct debit containing Payer data including the Payer’s name, address, bank account and sort code. The agreed form of the Electronic Payer Application Form will be set out in the Template Documents from time to time. Failure: any act of default by the Payer in making any payment due directly to the Customer or indirectly to the Customer through L&Z or any third party, agent, or intermediary or failure by the Payer to adequately and timeously complete an Electronic Payer Application Form incorporating an instruction to its bank or building society to pay direct debits or the Payer becoming insolvent as prescribed by the Insolvency Act 1986 or compounding with its creditors or passing a resolution or having proceedings commenced against it for its administration or liquidation or the appointment of a receiver, manager, administrator or administrative receiver in respect of all or any part of the Payer’s assets or undertaking, or withdrawal of the Payer’s consent to the collection of direct debit transactions. Go-Live Date: the date the Services are first used by the Customer in a live environment in respect of products and services made available to Payers.