Unsw Village

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Direct Debit Request Terms & Conditions

1.

Definitions Account means the account held at your financial institution from which we are authorised to arrange for funds to be debited. Agreement means this Direct Debit Request agreement between you and us. Business Day means a day other than a Saturday or Sunday or a public holiday listed in New South Wales. Debit Day means the day that particular payment by you to us is due. Us or we means UNSW Village Pty Ltd trading as UNSW Village. You means the customer who signed the direct debit request. Your financial institution is the financial institution or credit card type where you hold the account that you have authorized us to arrange to debit. In Writing includes notification by e-mail. 2. Debiting Your Account i. By signing a direct debit request you have authorised us to arrange for funds to be debited from your account. ii. We will only arrange for funds to be debited from your account as authorised in the direct debit request. iii. If the debit day falls on a day other than a business day we may direct your financial institution to debit your account on the following business day. Changes By Us i. We may vary any details of this agreement at any time by giving you at least seven (7) days written notice. Changes By You i. If you wish to stop or defer a debit payment you must notify us in writing at least two (2) business days before the next debit day but as this would put you in breach of your residential agreement you must agree with us an alternative means of payment. ii. You may cancel this authority by giving us at least 10 business days notice in writing but as above an acceptable alternative payment method must be offered and agreed to by us. Your Obligations i. It is your responsibility to ensure that that there are sufficient cleared funds in your account to allow a debit payment to be made in accordance with the direct debit request ii. If there are insufficient cleared funds you may be charged a...