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direct debit

Payment of an agreed amount that is collected from a customer's account by an originator on request. This may or may not be subject to advance notice and the amounts may vary. Examples include the payment of utilities, newspaper subscriptions, or the periodic collection of insurance premiums or loan payments.

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  • Kalbos dalis: noun
  • Pramonės šaka / sritis: Software
  • Category: ERP
  • Company: SAP

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