Direct Debit and Credit Card Terms & Conditions
Direct Debit Authority
Specific conditions relating to notices and disputes
I may ask my bank to reverse a direct debit up to 120 calendar days after the debit if:
I don’t receive a written notice of the amount and date of each direct debit from the initiator, or
- I receive a written notice but the amount or the date of debiting is different from the amount or the date specified on the notice.
The initiator is required to give you a written notice of the amount and date of each direct debit no less than 10 calendar days before the date of the debit.
If the bank dishonours a direct debit but the initiator sends the direct debit again within 5 business days of the dishonour, the initiator is not required to give you a second notice of the amount and date of the direct debit.
Credit Card Authority
Conditions relating to recurring card payments
1. The Initiator agrees:
(a) To give advance written notice to the Customer of the payment date and amount of any debit to the Nominated Card.
2. The Customer may:
(a) At any time, terminate this Authority by giving written notice of termination to the Initiator.
3. The Customer acknowledges that:
(a) This Authority will remain in full force and effect in respect of all amounts to be debited to my Nominated Card in good faith notwithstanding my death, bankruptcy or other revocation of this Authority until actual notice of such an event is received by the Initiator.