Auto Debit definition

Auto Debit means and include Direct Debit and/or ECS Debit and/or NACH Debit as applied for by the Client in the Application.
Auto Debit has the meaning provided in Section 2.2(c).
Auto Debit means a service whereby a user instructs TNGD via the Touch ‘n Go eWallet requesting and/or authorizing TNGD to collect payment(s) in varying amounts (subject to the discretion and limits of TNGD) from his or her Touch ‘n Go eWallet and thereafter all relevant payment(s) will be

Examples of Auto Debit in a sentence

  • If any of the said dates happen to be a holiday / non-transaction day, then the SIP transaction will be processed on the next business day.b. SIP Mode – Auto Debit (ECS/Direct Debit/NACH) OR Post-Dated Chequesc.

  • Please fill an Auto Debit form in case of investment through SIP - Auto Debit Facility.Please note that third party payments shall not be accepted.• Third Party Payment” shall mean payment made through an instrument issued from an account other than that of the beneficiary investor.

  • For HDFC Bank Account Holders, there is a separate Standing Instructions Form, which needs to be submitted instead of normal Auto Debit Form.

  • I/We hereby declare that the particulars given above are correct and complete and express my/our willingness to make payments referred above through participation in NACH/ Auto Debit.

  • I/We understand that the information provided by me/us may be shared with third parties for facilitating transaction processing through NACH/ Auto Debit Clearing or for compliance with any legal or regulatory requirements.

  • I/We have read and agreed to the terms and conditions mentioned overleaf.This is to inform that I/We have registered for Auto Debit Facility and that my payment towards my investment in IDBI Mutual Fund shall be made from my/our bank account registered with IDBI Mutual Fund.

  • Debit Bank Account Details / Authorization bank details should be same, MICR CODE other than core banking and auto debit banks, Each SIP amount, Scheme name with option, Start date, Signature on NACH Auto Debit Mandate and Bank Authorisation.

  • The contribution through Auto Debit Facility (through any of the following modes) will start from Ist/IInd installment onwards in case of Special & Regular SIP respectively as approx.

  • I/We hereby, declare that the particulars given above are correct and express my willingness to make payments referred above through participation in National Automated Clearing House (NACH) / Auto Debit.

  • The first installment will also be debited through Auto Debit (through NACH/Direct Debit/ Standing Instructions) process.


More Definitions of Auto Debit

Auto Debit means an automatic payment method whereby we are allowed to auto debit Premiums directly from bank account or credit/debit card.
Auto Debit means the recurring payments which the Cardholder makes via the Debit Card for payment of insurances/takaful, bills and/or other services that the Bank may provide and/or introduce from time to time. “Bank” means either Alliance Bank Malaysia Berhad or Alliance Islamic Bank Berhad and includes its successors
Auto Debit means a service whereby a user instructs TNGD via the Touch ‘n Go eWallet requesting and/or authorizing TNGD to collect payment(s) in varying amounts (subject to the discretion and limits of TNGD) from his or her Touch ‘n Go eWallet and thereafter all relevant payment(s) will be deducted automatically (without TNGD having to seek additional authorization from that User) from that User’s Account or other funding methods “linked” to such Account to be paid to the relevant merchant(s)
Auto Debit means electronic debit of Credit Card payment dues to the specified account of the Card Member in a specified manner i.e., Total Amount Due or Minimum Amount Due as the case may be.
Auto Debit means electronic debit of Credit Card payment dues to your specified account in a specified manner i.e., Total Amount Due or Minimum Amount Due as the case may be.
Auto Debit. Payments against the outstanding dues on the Card can be made by Auto Debit facility, where funds will be automatically transferred from your YES BANK Account to your Card account on Payment due date. Auto Debit can be set for Total Amount Due or Minimum Amount Due.

Related to Auto Debit

  • ACH debit means the EFT payment option in which the payer initiates the transfer of funds by authorizing the depart- ment’s depository bank to transfer the payment amount from the payer’s account.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information”.

  • Merchant means a person who is authorized under a written contract with an acquirer to honor or accept credit cards, or to transmit or process for payment credit card payments, for the purchase of goods or services or a charitable contribution.

  • Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.

  • ATM means an automated teller machine.

  • Card Account means the account maintained with the Bank in respect of the Card;

  • ACH means automated clearing house transfers.

  • Card means credit, debit, smart or other charge or pre-paid cards branded as follows: Visa, Mastercard, American Express, Visa Debit, Solo, Maestro (subject to the Codes of Practice).

  • Prepaid Card means the MasterCard Prepaid Card that you have purchased from us;

  • Investment Program means a Person for whom Shipper or a direct or indirect subsidiary of Shipper acts as a general partner, managing partner or manager and the securities of which have been offered and sold to investors.

  • Portfolio Management Services means management of the investment and reinvestment of the assets belonging to the Series, consisting specifically of the following:

  • Credit Card Agreements means all agreements now or hereafter entered into by and between any Borrowing Base Party and any Credit Card Issuer or Credit Card Processor, as the same may now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Non-Discretionary Portfolio Management Services means a portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing, for an agreed fee structure and for a definite described period, invests in respect of the Client’s account in any type of security entirely at the Client’s risk and ensure that all benefits accrue to the Client’s Portfolio.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Direct Debit means a payment service for debiting a payer’s payment account, where a payment transaction is initiated by the payee on the basis of the payer’s consent given to the payee, to the payee’s payment service provider or to the payer’s own payment service provider;

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • American Express means American Express Limited.

  • Cards means either a Visa, MasterCard, Discover or American Express credit card, debit card (or other similar card that requires a PIN for identification purposes), or pre-paid, stored-value or gift card.

  • Program Agreements means, collectively, this Agreement, the Guaranty, if any, the Custodial Agreement, the Pricing Side Letter, each Underlying Entity Agreement, if any, the Administration Agreement, the Electronic Tracking Agreement, if any, the Netting Agreement, the Custodial Account Control Agreement, each Holdback Account Control Agreement, if any, each Power of Attorney, each Servicing Agreement, if any, and each Servicer Notice, if any.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • Credit Card Agreement means the open-end revolving credit agreement between a Cardholder and Bank governing the Account and Cardholder's use of the Credit Card, together with any modifications or amendments which may be made to such agreement as permitted in this Agreement.

  • Receivables Fees means distributions or payments made directly or by means of discounts with respect to any participation interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Financing.

  • international flight means all flights other than Domestic Flights.

  • Auto means a 4-wheel passenger car, station wagon, jeep, pick-up truck or van-type car. It must be licensed for use on public highways. It includes a car owned or leased by the Employer.