Examples of SEPA Core Direct Debit Rulebook in a sentence
It will also clarify that late payments do not necessarily trigger a refund.Article 67 – Refunds for payment transactions initiated by or through a payee: This rule clarifies the refund right for direct debit transactions bringing it in line with the SEPA Core Direct Debit Rulebook, provided that the good or service paid for has not yet been consumed.
Where we agree to provide You with the SEPA Direct Debit Collection Service You agree that You will comply with the SEPA Core Direct Debit Rulebook or the SEPA B2B Direct Debit Rulebook (as applicable).
As the current SEPA Core Direct Debit Rulebook too provides for an unconditional refund right for direct debits, certain providers also apply an unconditional right on a voluntary basis.
These fees are calculated at the end of each month and charged to Your Account or, where applicable, an account nominated by You on the last Business Day of the next month.3.3.4 Where We agree to provide You with the SEPA Direct Debit Collection Service You agree that You will comply with the SEPA Core Direct Debit Rulebook or the SEPA B2B Direct Debit Rulebook (as applicable).
If, in respect of an Account, you are permitted to set up Direct Debits on that Account, we confirm that where such a Direct Debit is a SEPA Core Direct Debit, we will process that SEPA Core Direct Debit in accordance with the most up-to-date version of the SEPA Core Direct Debit Rulebook which sets out the rules which all financial institutions who participate in the SEPA Core Direct Debit Scheme must adhere to.
Members using multi-year INMPs must submit INMP Summary Reports annually.
This clarifies the refund right for direct debit transactions bringing it in line with the SEPA Core Direct Debit Rulebook, provided that the good or service paid for has not yet been consumed.
Where We agree to provide You with the SEPA Direct Debit Collection Service You agree that You will comply with the SEPA Core Direct Debit Rulebook or the SEPA B2B Direct Debit Rulebook (as applicable).
Any payments under the SEPA Core Direct Debit Scheme will be subject to the SEPA Core Direct Debit Rulebook.
In the present Section the following definitions shall have the following meaning: Bank: The National Bank of Greece (Cyprus) Ltd SEPA Core Direct Debit Rulebook (SDD Rulebook): The Rulebook issued by the European Payments Council (EPC) in relation to the Single European Payments Area (SEPA) scheme, as such Rulebook is amended from time to time, setting out rules and standards for the SEPA Core Direct Debit Scheme.