SEPA Core Direct Debit definition

SEPA Core Direct Debit means a SEPA Direct Debit processed in accordance with the SEPA Core Direct Debit Scheme;
View Source
SEPA Core Direct Debit means the payment instrument governed by the rules of the SEPA Core Direct Debit Scheme for making direct payments in euro throughout SEPA from bank accounts to other bank accounts;
View Source
SEPA Core Direct Debit means the payment
View Source

Examples of SEPA Core Direct Debit in a sentence

  • The SEPA Core Direct Debit Procedure enables the Banks Account Holder to settle the financial obligations toward a Creditor.

  • If you want to set up a SEPA direct debit payment, it will normally come under the SEPA Core Direct Debit Scheme.

  • The Customer may request that Barclays prohibits any payments leaving its accounts by SEPA Core Direct Debit (either generally or to a specific recipient) and may also limit payments by amount and frequency.

  • The SEPA Core Direct Debit Scheme (the “Scheme”) is a pan-European Direct Debit Scheme that operates in all SEPA countries, namely the EU member states, the three additional member states of the European Economic Area (the EEA), and other countries and territories which have been admitted to the SEPA geographical scope having met the EPC's criteria for adherence to and participation in SEPA, as listed on the EPC website and updated from time to time.

  • There are 2 SEPA Direct Debit schemes: (i) SEPA Core Direct Debit, and (ii) SEPA B2B Direct Debit.

  • The Bank’s decision is final for the participants of the SEPA Core Direct Debit Scheme as defined in the SEPA Core Direct Debit Rulebook.

  • Any payments under the SEPA Core Direct Debit Scheme will be subject to the SEPA Core Direct Debit Rulebook.

  • In the case of a one-off SEPA Core Direct Debit, the Mandate is valid solely for the single Direct Debit Transaction concerned.

  • The EPC oversees the operation of the Scheme in accordance with the terms and conditions set out in the SEPA Core Direct Debit Scheme Rulebook (the “Rulebook”).

  • The SEPA Core Direct Debit Scheme (the “Scheme”) is a pan-European Direct Debit Scheme that operates in all SEPA countries, namely the EU member states, the three additional member states of the European Economic Area (the EEA), Monaco, San Marino and Switzerland, and other countries and territories which have been admitted to SEPA having met the EPC's criteria for adherence to and participation in SEPA.