SEPA B2B Direct Debit Scheme definition

SEPA B2B Direct Debit Scheme means the payments scheme for making direct debits across SEPA where both the creditor and the debtor is a Corporate Opt-out Customer, as set out in the SEPA B2B Direct Scheme Rulebook;
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SEPA B2B Direct Debit Scheme means the common set of rules, practices and standards for the provision and operation of a SEPA B2B Direct Debit developed by the European Pay- ments Council, details of which are contained in the SEPA B2B Direct Debit Rulebook and are
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SEPA B2B Direct Debit Scheme means the
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Examples of SEPA B2B Direct Debit Scheme in a sentence

  • The SEPA B2B Direct Debit Scheme can only be used to originate payments if you are a business and additional terms apply.

  • The creditor will ask You to complete a mandate authorising the creditor to collect payments from Your Account under the SEPA B2B Direct Debit Scheme.

  • We can request the return of a payment made under the SEPA B2B Direct Debit Scheme within 2 TARGET Days of the date that Your Account was debited for any of the reasons set out in the foregoing Clauses 4.2(d)(v) and (vi) or for any analogous reason.

  • SEPA B2B Direct DebitsIf the debtor believes that a payment is unauthorised, it may request – via its own bank – that We refund a payment made under the SEPA B2B Direct Debit Scheme, depending on its agreement with its bank.

  • Any payments under the SEPA B2B Direct Debit Scheme will be subject to the rules of the SEPA B2B Direct Debit Scheme Rulebook and You agree to comply with those rules.

  • If Your Account is a Euro Account You may make a payment within the Single European Payments Area (SEPA) under the SEPA Direct Debit Core Scheme or under the SEPA B2B Direct Debit Scheme.

  • You should seek to resolve any disputed collection directly with the creditor.b) You have a right to give Us notice that You want to prohibit any payments being made from Your Account under the SEPA B2B Direct Debit Scheme.

  • You have a right to give Us notice that You want to prohibit any payments being made from Your Account under the SEPA B2B Direct Debit Scheme.

  • Your SEPA Creditor ID permits You to collect SEPA Direct Debits under the SEPA B2B Direct Debit Scheme and Your status changes so that You are no longer a Corporate Opt-out Customer.

  • The right of refund provided for in this article is expressly excluded for SEPA Domiciliation in the case of the SEPA B2B Direct Debit Scheme applicable to Clients who are not Consumers.


More Definitions of SEPA B2B Direct Debit Scheme

SEPA B2B Direct Debit Scheme means the common set of rules, practices and standards
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Related to SEPA B2B Direct Debit Scheme

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