SEPA Core Direct Debit definition

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;
SEPA Core Direct Debit means a SEPA Direct Debit processed in accordance with the SEPA Core Direct Debit Scheme;
SEPA Core Direct Debit means the payment

Examples of SEPA Core Direct Debit in a sentence

  • Your rights under the SEPA Core Direct Debit Scheme do not alter the arrangements between you and the person who took the payment and any disputes between you should be resolved directly.

  • Any payments under the SEPA Core Direct Debit Scheme will be subject to the SEPA Core Direct Debit Scheme Rulebook and You agree to comply with those rules.

  • This will mean that We will only execute payments under the SEPA Core Direct Debit Scheme where You have registered the mandate.

  • The creditor will ask You to complete a mandate authorising the creditor to collect payments from Your Account under the SEPA Core Direct Debit Scheme.

  • You have a right to give Us notice that You want to prohibit any payments being made from Your Account under the SEPA Core Direct Debit Scheme.

  • Direct Debits are subject to the SEPA Core Direct Debit Scheme Rules.

  • In case of invoices from goods and services being paid via SEPA Core Direct Debit or SEPA Business to Business Direct Debit, the customer will receive a pre-notification regarding the direct debit at the latest one day before the due date.

  • Participants without a German bank account can make payments by SEPA Core Direct Debit or by credit card (VISA or Mastercard).(2) In case of a debit not going through, due to insufficient funds or a transfer cancellation on behalf of the participant (even at a later date), the organiser is authorised to withdraw from the contract and charge the cancellation costs to the participant.

  • We can request the return of a payment made under SEPA Core Direct Debit Scheme within 5 TARGET Days of the date that Your Account was debited for any of the reasons set out in paragraph (e) or (f) or for any analogous reason.

  • You may request that we prohibit any payments leaving your accounts by SEPA Core Direct Debit (either generally or to a specific recipient) and may also limit payments by amount and frequency.

Related to SEPA Core Direct Debit

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