Direct Debit Guarantee definition

Direct Debit Guarantee means the guarantee offered by Paying Banks to Payers in respect of the Direct Debit scheme specifying their rights and safeguards.

Direct Debit Guarantee means the refund terms applicable to Direct Debit Mandates as set out on the direct debit form or direct debit confirmation provided to you by the payment recipient. Direct Debit Mandate – a payment collected from your Account via UK Direct Debit scheme on the basis of a mandate permitting someone else (recipient) to instruct us to transfer money from your Account to that recipient. Due Diligence Procedure - Modulr’s procedures for carrying out due diligence on Clients in order to comply with its policies and regulatory obligations. Faster Payment – A service allowing you to make and receive electronic payments in the UK which is received by the recipient bank within 2 hours provided that the receiving organisation or bank is part of Faster Payments Scheme. Fees – those fees payable by the Client and set out in the Client Application Form. Information – Means any information related to the organisation, and any personal information related to Account Manager. Intellectual Property Rights – all patents, trademarks, service marks, trade names, domain names, business names, copyrights, design rights, database rights, rights to or in computer software, know-how, trade secrets, rights to or in confidential information and all other intellectual property rights and rights or forms of protection of a similar nature or effect which may subsist anywhere in the world whether or not registered or capable of registration, together with all applications for registration of, and any licence to use, any of the foregoing and "Intellectual Property" shall be construed accordingly; Client Application Form – The application form identifying the parties, Modulr Products to be provided and commercial terms that forms part of the Agreement between an Client and Modulr. Client – Any client of Modulr which has been introduced by the Associated Service Provider and whose account is operated by the Associated Service Provider based on instructions the Associated Service Provider receives from the Client (where relevant). Client Terms of Business - The terms on which Modulr provides Modulr Products to the Client. Merchant- means a merchant authorised to accept Card Scheme-branded Virtual Cards. Modulr – Modulr Finance Ltd, a company registered in England and Wales with number 09897957 and whose registered office is at 0 Xxxxxxxxxxx Xxxxxxxx, Xxxxxx, X0 0XX. Modulr Finance Ltd (FRN: 900699) is a registered agent of Modulr FS Ltd. Modulr Account Terms and Conditions - This agreement, ...

Direct Debit Guarantee means the refund terms applicable to Direct Debit Mandates as set out on the direct debit form or direct debit confirmation provided to you by the payment recipient. Direct Debit Mandate – a payment collected from your Account via UK Direct Debit scheme on the basis of a mandate permitting someone else (recipient) to instruct us to transfer money from your Account to that recipient. Due Diligence Procedure - Modulr’s procedures for carrying out due diligence on Introduced Clients in order to comply with its policies and regulatory obligations. Faster Payment – A service allowing you to make and receive electronic payments in the UK which is received by the recipient bank within 2 hours provided that the receiving organisation or bank is part of Faster Payments Scheme. Fees – those fees payable by the Introduced Client and set out in the Introduced Client Application Form.

Examples of Direct Debit Guarantee in a sentence

• Direct Debits from the account detailed in this Instruction subject to the safeguards assured by the Direct Debit Guarantee.

• The Direct Debit Guarantee • This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits.

• If you allow payments to be made from your account using the UK Direct Debit Scheme, the Direct Debit Guarantee (which you’ll be given on the Direct Debit form or Direct Debit confirmation) will apply instead of the terms contained above and in section 17.

• A Recurring Transaction is not a Direct Debit and the Cardholder will not have the protections of the Direct Debit Guarantee Scheme in respect of any Recurring Transactions which are made from the Account.

• Direct Debits2.Name(s) of Account Holder(s) from the account detailed in this Instruction subject to the safeguards assured by the Direct Debit Guarantee.

• All payments made are non-refundable under any circumstances, except in relation to the Direct Debit Guarantee.

• The Direct Debit Guarantee Scheme does not apply to SEPA Direct Debits.

• The Direct Debit Guarantee Scheme will protect payments you make by Direct Debit.

• There is no time limit in relation to a claim under the Direct Debit Guarantee Scheme.

• A commitment to involving workers in the planning and delivery of training, including on-going opportunities for peer-based training needs analyses, training plan development and where appropriate, delivery of training programs.

More Definitions of Direct Debit Guarantee

Direct Debit Guarantee means the direct debit guarantee contained within the Order Form;

Direct Debit Guarantee means the direct debit guarantee contained within the Proposal;