What Is A Direct Debit Service Agreement

If your account does not have sufficient credits to make a payment on the due date, we will notify you and attempt a second deduction from your account within 7 days. If this second deduction attempt also fails, your direct debit system will be cancelled. You must contact us to pay the outstanding amount and re-enter your debit contract. nib reserves the right to determine how to give instructions to stop or change your collection data (. B, for example, in writing, orally or electronically). nib reserves the right to cancel the debits if your financial institution refuses the debits and to arrange another payment method with you. By accepting this debit service contract, you require that your pen premiums be deducted from your designated account via the Bulk Electronic Clearing System (BECS) from your bank, construction credit union or credit union, with your specified payment frequency. It is your responsibility to explore with your financial institution that direct debits are available on your account before completing the debit application plan. You should always make sure there is enough money available in your designated account to deal with a charge on the due date. It is your responsibility to let us know if your designated account needs to be changed, transferred or closed. They are responsible for all costs that may result from the use of the collection facility, including fees charged as a result of unpaid levies. These fees will be debited to your cash account. If you have no charge that you have requested, you are required to pay an amount to be paid.

Details of your collection agreement are included in your withdrawal request. Nib will use this data to process your payments until you tell us otherwise. The service contract contains the terms and conditions under which you authorize Navigator Australia Limited to debit money from your account and the obligations arising from that agreement. You should read the service agreement carefully to ensure that you understand these terms and conditions. All questions about your collection system are directed to 132 652 Monday to Friday between 8 a.m. and 6 p.m. MESZ/AEDT. BecS is the standard system used for most online and debit transactions, especially for transactions between companies and their customers or employees. The nib user number for this system is 000488. If you have any questions about your direct debit system or if you think a charge has been improperly made, please contact us immediately. This information will help you understand the responsibilities (yours and ours) and other general terms and conditions applicable to your collection application.

If nib cancels the debit system, nib will cancel a written termination for at least 14 days if the details of your charge change. All account information remains confidential, unless it is necessary to make debits from your financial institution. If the due date is not a business day, nib debits your account on the first business day after the due date. Not all accounts held by a financial institution are available under the electronic bulk clearing system, ask your financial institution if you are not sure that your account can accept withdrawals. Make sure your nominated account can accept debits You can change the payment terms in accordance with these Terms and Conditions. In addition, you can complete, cancel or contest a draw with your financial institution. You must provide us with at least 7 business days before the following due date for one of the following information: Change the debit-designated account data If you complete a debit application plan, you allow us to deduct a certain amount from your designated Australian bank account, home loan or union account and transfer the amount to your account to the service.

Author: daniele130