direct debit instruction definition
direct debit instruction means an instruction from a payee submitted to its CB pursuant to which the CB of the payer debits the payer's account by the amount specified in the instruction, on the basis of a direct debit authorisation;
direct debit instruction means an instruction input by a payee Participant for the effecting of a debit of funds from a payer Participant through FPS to settle an obligation of the payer Participant (or one of its customers) to the payee Participant (or one of its customers).
direct debit instruction means an instruction effected in real time by MA to debit a Member’s CHATS Ledger Account through CHATS to settle an obligation of that Member to MA.
More Definitions of direct debit instruction
direct debit instruction means a debit instruction effected in real time by CB directly in the Member's CHATS Ledger Account through CHATS.
direct debit instruction means an instruction to your bank or building society to pay
direct debit instruction means an instruction effected in real time by SI to debit a Direct Participant's Designated Settlement Account through CHATS to settle an obligation of that Direct Participant to SI.
direct debit instruction means an instruction effected in real time by SI to debit a Member's Designated Settlement Account through CHATS to settle an obligation of that Member to SI.
direct debit instruction means the process whereby Paysafe on behalf of the Merchant obtains authority from the paying bank to take payments against the Account Holder’s bank account.
direct debit instruction or “DDI” means a fund transfer instruction issued by you to transfer fund from your Designated Bank Account to your O! ePay Account;
direct debit instruction or “DDI” means a payment instruction generated by