SDD Core definition

SDD Core means a direct debit scheme which enables the payee to collect the given euro amount from the payer’s payment account, provided the payer has authorised the payee in advance and in writing to do so.
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Examples of SDD Core in a sentence

  • The Bank shall not be under a control obligation or liability of any kind regarding whether the payee has a valid mandate to submit an SDD Core direct debit, or whether the collection meets the mandate given by the Customer to the payee.

  • The Secretariat will send a numbered SDD Core mandate to be signed and sent back (via email or regular mail) to each successful Applicant wishing to make use of SDD Core to settle its Scheme participation fees.

  • SEPA SDD (SEPA Direct Debit) direct debits in euro within the SEPA area, including direct debits between different Customers who hold payment accounts at the Bank, which might be either SDD Core or SDD B2B orders as regards their type.

  • Accordingly, the United States and Battle class are presently litigating all injunctions that were outstanding prior to the court's June 20, 1997, order.

  • SEPA SDD (SEPA Direct Debit): az egységes európai fizetésforgalmi övezeten belül bonyolított euro devizanemű beszedések, mely a típusát tekintve SDD Core vagy SDD B2B beszedés lehet.

  • No other payment methods are supported by the EPC.Applicants will be requested to indicate their preferred method of payment (SDD Core or SCT) with the Schedule to the Adherence Agreement.

  • It will also avoid missing payment deadlines, which generates reminders as well as unnecessary escalation and extra work, and could even result into being suspended from the Registers of Participants.Participants which prefer not to make use of SDD Core may settle their SEPA Scheme participation fee invoices by SEPA Credit Transfer (SCT) only.

  • It is executed by the Bank if it is received in compliance with the rules set out in the SDD Core Rulebook.

  • It will also avoid missing payment deadlines, which generates reminders as well as unnecessary escalation and extra work, and could even result into being suspended from the Registers of Participants.Participants which prefer not to make use of SDD Core may settle their SEPA Scheme participation fee invoices by SEPA Credit Transfer (SCT) or SEPA Instant Credit Transfer (SCT Inst).

  • No other payment methods are supported by the EPC.Applicants will be requested to indicate their preferred method of payment (SDD Core, SCT or SCT Inst) with the Schedule to the Adherence Agreement.

Related to SDD Core

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