Debit Date definition

Debit Date. Refers to the date the Bank is instructed by the cardholder to collect a certain sum from the designated account and pay the acquirer or merchant for the cardholder's purchases.

Debit Date means the date specified in the relevant Service and Service Charge Details as the date on which the Transferred Funds shall be debited from the Customer's Account.

Debit Date is the day your primary deposit account will be debited and is also the day that we will begin processing your Payment Instruction. If you schedule a future Debit Date for a payment, and the date you schedule falls on a non-Business Day, the Debit Date will be the Business Day immediately preceding the date that you scheduled.

Examples of Debit Date in a sentence

• Once we have begun processing a payment, on the Debit Date, it cannot be cancelled or edited, and therefore a stop payment request must be submitted.

• When you schedule an individual payment, the earliest possible Pay Date for each Xxxxxx (typically five or fewer Business Days from the Debit Date) will be designated through the Bill Payment Service when you are scheduling the payment, and you must select a Debit Date so that the associated Pay Date is no later than the actual Due Date reflected on your Xxxxxx statement.

• We recommend that you allow at least five Business Days between the Debit Date and your Due Date.

• The earliest Debit Date for Payment Instructions entered on a non-Business Day will be the next Business Day.

• When you schedule regular (i.e., recurring) payments to occur in advance, you will select only a Debit Date.

More Definitions of Debit Date

Debit Date. Refers to the date the Bank is instructed by the cardholder to collect a certain sum from the designated account and pay the acquirer or merchant for the cardholder's purchases. 七、 「結匯日」：指持卡人於國外持卡消費後，由貴行或貴行授權之代理人依各信用卡組織所約定匯率，將持卡人之外幣應付帳款折算為新臺幣結付之日。

Debit Date. It refers to the date on which the Bank pays the expense amount by debiting the passbook deposit account specified by the cardholder. 7、「結匯日」：指持卡人於國外持卡消費後，由貴行或貴行授權之代理人依 VISA 國際組織所約定之匯率，將持卡人之外幣應付帳款折算為新臺幣結付之日。

Debit Date means, in respect of an Investment Fund, such day as selected by you and agreed to by DBS on which the Monthly Contributions shall be debited from the Settlement Account;

Debit Date means the day on which the exact amount for the Stock purchased is pursuant to the Plan. It is the fourth trading day of HKEx after the Hold Fund Date.

Debit Date means, in respect of an Investment Fund Account, such day as selected by the Customer and agreed to by the Bank on which the Monthly Contributions shall be debited from the Settlement Account.

Debit Date is the day your primary deposit account will be debited and is also the day that we will begin processing your Payment Instruction. If you schedule a future Debit Date for a payment, and the date you schedule falls on a non-Business Day, the Debit Date will be the Business Day immediately preceding the date that you scheduled. “Due Date” is the date reflected on your Xxxxxx statement for which the payment is due. It is not the late date or grace period. “Pay Date” is the day your Xxxxxx should receive your payment. “Payment Instruction” is the information provided by you to the Bill Payment Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Debit Date).

Debit Date is the day your Prepaid Card will be debited and is also the day that we will begin processing your Payment Instruction. If you schedule a future Debit Date for a payment, and the date you schedule falls on a non-Business Day, the Debit Date will be the Business Day immediately preceding the date that you scheduled.