Direct Debit Request Service Agreement

This is Your Direct Debit Request Service Agreement with Pacific International Insurance Pty Limited, ABN 83169311193 (the Debit User) for PD Insurance. It explains what your obligations are when undertaking a Direct Debit arrangement with us. It also details what our obligations are to you as Your Direct Debit provider. Please keep this agreement for future reference. It forms part of the terms and conditions of Your Direct Debit Request (DDR) and should be read in conjunction with Your DDR authorisation.

Definitions

Account

Account means the account held at your financial institution from which we are authorised to arrange for funds to be debited.

Agreement

Agreement means this Direct Debit Request Service Agreement between you and us.

Banking Day

Banking day means a day other than a Saturday or a Sunday or a public holiday listed throughout Australia.

Debit Day

Debit day means the day that payment by you to us is due.

Debit Payment

Debit payment means a particular transaction where a debit is made.

Direct Debit Request

Direct debit request means the written, verbal or online request between us and you to debit funds from your account.

Us or We

Us or we means Pacific International Insurance Pty Limited, (the Debit User) you have authorised by requesting a Direct Debit Request.

You

You means the customer who has authorised the Direct Debit Request.

Your Financial Institution

Your financial institution means the financial institution at which you hold the account you have authorised us to debit.

How would you, like to proceed?

How would you, like to proceed?