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.
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Auto Debit has the meaning provided in Section 2.2(c).
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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
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Examples of Auto Debit in a sentence

  • Payment Specifications NO CHANGES SEE ADDITIONAL PROVISIONS Employer Payment Method: Online Bill Pay Electronic Auto Debit Check Employer Payment Period: Weekly (cannot be selected if Check is selected as payment method above) Semi Monthly (cannot be selected if Check is selected as payment method above) Monthly Claim Settlement Period: Monthly Run-Off Period: Employer Payments are to be made for 12 months following end of Fee Schedule Period.


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;
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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
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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)
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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.
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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.
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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.
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Related to Auto Debit

  • 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.

  • Merchant means any corporate entity, person or other establishment, supplying goods and/or services, which a Card Scheme Member Bank has approved and made arrangements to accept the Card or the Card numbers as a mode of payment or reservation by the Cardholder.

  • 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.

  • ACH means automated clearing house transfers.

  • Card means any card or other account access device we issue for the purpose of accessing your account.

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

  • 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.