Examples of Direct Debit System in a sentence
Not all accounts held with a financial institution are available to be drawn on under the Direct Debit System.
Where the Direct Debit System is used for the collection of payments which are regular as to frequency, but variable as to amounts, the Initiator undertakes to provide the Acceptor with a schedule detailing the amount and each payment date.
Not all accounts held with a financial institution are available to draw on under the Direct Debit System.
You want to make those payments by use of the Direct Debit System.
The SLA is based on Us making all reasonable efforts to keep the Direct Debit System up and running efficiently and cost-effectively and We can guarantee 99.5% availability excluding planned maintenance.
Where the Direct Debit System is used for the collection of payments which are regular as to frequency, but variable as to amounts, the Initiator undertakes to provide the Acceptor with a schedule detailing each payment amount and each payment date.
All of our receivables are guaranteed with the Direct Debit System and the Credited Direct Collection System.
This agreement sets out the terms on which we accept and act under a Direct Debit Request (“your Direct Debit Request”) you give us to debit amounts from your account under the Direct Debit System.
The Customer will take responsibility for amending its records and reversing or cancelling any relevant Direct Debit Instruction immediately on advice that the Acceptor’s Direct Debit Authority has been cancelled, or that the Acceptor’s account has been closed or transferred, in the case of cancellation or closure, no more direct debits are to be initiated by the Customer through the Direct Debit System.
If you have arranged to pay us by providing a Direct Debit Request ("Your Direct Debt Request"), this clause sets out the terms on which we accept and act to debit amounts from your account under the Direct Debit System.