Direct Debits definition

Direct Debits means regular payments to a business or other organisation from your Account, which may vary in amount or date. Each individual payment is requested from us by the business or organisation.
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Direct Debits means the applicable mechanism by which SAP Concur debits or requests funds from the Customer’s Bank Account to fund Payments, or the funds transferred using this mechanism, as applicable. The applicable Direct Debit processes include the drawing of funds pursuant to the ACH process or EFT process.
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Direct Debits means regular payments to a business or other organisation from your Account, whichmay varyin amount or date. Each individual payment is requested from us by the business or organisation.
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Examples of Direct Debits in a sentence

  • Payment shall be by direct debit and a fee of £20.00 per incident for any cancelled, dishonoured or failed Direct Debits or cheques may be applied.

  • Unlike Direct Debits, these payments are not covered by the UK Direct Debit Guarantee and we would recommend that you do not allow Cardholders to authorise recurring payments in this way.

  • Direct Debits will be taken on or around your agreed payment date.

  • Unlike Direct Debits, these payments are not covered by the Direct Debit Guarantee and we would recommend that you do not allow Cardholders to authorise recurring payments in this way.


More Definitions of Direct Debits

Direct Debits means the applicable mechanism by which the Payment Processing Partner debits or requests funds from the Customer’s Bank Account to fund Payments, or the funds transferred using this mechanism, as applicable.
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Related to Direct Debits

  • 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;

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Direct Debit Request means the Direct Debit Request between Us and You.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • ACH means automated clearing house transfers.

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • direct line means either an electricity line linking an isolated generation site with an isolated customer or an electricity line linking an electricity producer and an electricity supply undertaking to supply directly their own premises, subsidiaries and eligible customers;

  • 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.

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

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

  • Processing Fees means all routine, generally applicable City-wide fees required by the City for processing applications and permits including, but not limited to, fees for land use applications, building applications, building permits, and certificates of occupancy.

  • Direct Account : means any Account which is not an ISA Account.

  • Payments has the meaning set forth in Section 8.11.

  • Accounts means all presently existing and hereafter arising accounts, contract rights, payment intangibles and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower’s Books relating to any of the foregoing.

  • Joint Account means an Account opened in more than one name;

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

  • Management Accounts means, in relation to any Reporting Period, the Franchisee’s management accounts which: (a) comply with paragraph 3.10 of Schedule 13 (Information and Industry Initiatives); and (b) are required to be delivered to the Secretary of State by the Franchisee in accordance with paragraphs 3.2 and 3.3 of Schedule 13 (Information and Industry Initiatives);

  • Payments or Deposits means the cash, check, or credit card amounts actually paid for Your Trip. Certificates, vouchers, discounts, credits, frequent traveler or frequent flyer rewards, miles or points applied (in part or in full) towards the cost of Your Travel Arrangements are not Payments or Deposits as defined herein.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Direct services means the services offered by Us from time to time that let You access the Account using an Access Terminal. However, Direct Services do not include card services such as Debit Cards including those provided by a Third Party.