SEPA Direct Debit Sample Clauses

SEPA Direct Debit. 6.1 POST Finance executes SEPA Direct Debits on the basis of instructions received by the Payee or his/her/its bank. POST Finance is not required to verify the terms and amounts agreed between you and your Payee. 6.2 POST Finance cannot be held responsible for the accuracy of data provided by the Payee and may not be held liable for the validity or frequency of withdrawal requests made or the amounts charged to your Account. POST Finance cannot be held liable for any failure on the part of the Payee to fulfil his/her/its obligations, including the pre-notification obligation. 6.3 SEPA Direct Debit withdrawal requests received in the context of a Direct Debit will be regarded as instructions to withdraw the amount indicated from your Account. Any withdrawal request thus received by POST Finance will be considered to have come from the Payee indicated therein. POST Finance is not required to verify either the authenticity of the withdrawal request or its origin and shall not incur any liability in this respect. 6.4 POST Finance will refuse any withdrawal request based on the SEPA Direct Debit order of a Payee or his/her/its bank that is submitted more than 36 (thirty-six) months after the last withdrawal under the same SEPA Direct Debit order. 6.5 The time limits and execution procedures for SEPA Direct Debits are given on the Price List and described in more detail in the Accompanying Documents.
Sample 1
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SEPA Direct Debit. A SEPA Direct Debit (or “SDD”) is a one-off or a recurrent direct debit, in euro currency, issued by a creditor according to a prior authorization of debit given by the debtor and formalized by a mandate. The accounts of both creditor and debtor are retained by banks located within SEPA area. It is expressly agreed that the Client consents to the payment of any SEPA Direct Debit for which it has given to its creditor (the beneficiary) a properly filled in and signed mandate form. This mandate contains the SEPA creditor identification number (ICS) and the unique reference of the mandate (RUM). The Client can revoke a standing SDD order at least at the end of the business day preceding the execution date of the next payment. This demand must contain the SEPA creditor identification number (ICS) and the unique reference (RUM) of the concerned mandate. The Client can agree with the Bank to set up a SEPA Business-to-Business Direct Debit (“SDD B2B”) solution. The Client signs then a separated agreement with the Bank.
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SEPA Direct Debit. After the implementation of the use of SEPA Direct Debit mandates by PayPal in the country in which you reside, whenever you register a bank account with PayPal or pay with a new bank account for the first time, you will be granting PayPal a SEPA Direct Debit mandate. You will be able to exclusively access such mandate and the mandate reference number (MRN) in your PayPal Account profile at any time and cancel or change the mandate for future transactions.
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SEPA Direct Debit. The renter is obliged to issue a debit order direct debit to the rental company for a current account of a domestic credit institution in his company name at the latest when the rental agreement is concluded and before the rental property is handed over and to immediately notify the rental company of any changes in this regard during the term of the contract (SEPA company direct debit). A SEPA direct debit issued once from a similar and terminated rental agreement remains valid for subsequent rental agreements until revoked.
Sample 1

Related to SEPA Direct Debit

  • Direct Debit (PRE-BILLING). (a) The Borrower agrees that the Bank will debit the Borrower's deposit account number 12331-16650, or such other of the Borrower's accounts with the Bank as designated in writing by the Borrower (the "Designated Account") on the date each payment of principal and interest and any fees from the Borrower becomes due (the "Due Date"). If the Due Date is not a banking day, the Designated Account will be debited on the next banking day. (b) Approximately 10 days prior to each Due Date, the Bank will mail to the Borrower a statement of the amounts that will be due on that Due Date (the "Billed Amount"). The calculation will be made on the assumption that no new extensions of credit or payments will be made between the date of the billing statement and the Due Date, and that there will be no changes in the applicable interest rate. (c) The Bank will debit the Designated Account for the Billed Amount, regardless of the actual amount due on that date (the "Accrued Amount"). If the Billed Amount debited to the Designated Account differs from the Accrued Amount, the discrepancy will be treated as follows: (i) If the Billed Amount is less than the Accrued Amount, the Billed Amount for the following Due Date will be increased by the amount of the discrepancy. The Borrower will not be in default by reason of any such discrepancy. (ii) If the Billed Amount is more than the Accrued Amount, the Billed Amount for the following Due Date will be decreased by the amount of the discrepancy. Regardless of any such discrepancy, interest will continue to accrue based on the actual amount of principal outstanding without compounding. The Bank will not pay the Borrower interest on any overpayment. (d) The Borrower will maintain sufficient funds in the Designated Account to cover each debit. If there are insufficient funds in the Designated Account on the date the Bank enters any debit authorized by this Agreement, the debit will be reversed.

  • Direct Deposits The Credit Union may offer direct deposit options allowing you to preauthorize deposits (i.e., payroll checks, Social Security or retirement checks, or other government checks) or preauthorize transfers from other accounts at the Credit Union. You must authorize any direct deposits to your accounts by a separate authorization form. If applicable, you must notify the Credit Union at least thirty (30) days prior to any direct deposit or preauthorized transfer if you wish to cancel or change the direct deposit or direct transfer option. Upon a filing of a bankruptcy, if you fail to cancel any direct deposit authorization, you instruct your employer and the Credit Union to make and apply direct deposits in accordance with your authorization on file with the Credit Union. If the Credit Union is required to reimburse the U.S. Government for any benefit payment directly deposited into your account for any reason, you agree the Credit Union may deduct the amount returned from any of your accounts, unless prohibited by law.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (000) 000-0000. This does not apply to transactions occurring outside the United States.

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • SIMPLE Individual Retirement Custodial Account (Under section 408(p) of the Internal Revenue Code) The participant named above is establishing a savings incentive match plan for employees of small employers individual retirement account (SIMPLE IRA) under sections 408(a) and 408(p) to provide for his or her retirement and for the support of his or her beneficiaries after death. The custodian named above has given the participant the disclosure statement required by Regulations section 1.408-6. The participant and the custodian make the following agreement:

  • Your Rights If You Are Dissatisfied With Your Credit Card Purchases If you are dissatisfied with the goods or services that you have purchased with your credit card, and you have tried in good faith to correct the problem with the merchant, you may have the right not to pay the remaining amount due on the purchase. To use this right, all of the following must be true:

  • Travel Advances The University will, to the extent permitted by State law and rule, provide travel advances, upon request, of up to eighty (80) percent of budgeted expenses for authorized travel of longer than five (5) consecutive days.

  • Check-Off Payments The Employer shall deduct from every employee any dues, initiation fees, or assessments levied by the Union on its members.

  • Account Termination If you no longer wish to use our Services, or if we terminate your account for any reason, here's what you need to know.

  • Xxxx Individual Retirement Custodial Account The following constitutes an agreement establishing a Xxxx XXX (under Section 408A of the Internal Revenue Code) between the depositor and the Custodian.

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