1. The Initiator:
(a) The Initiator has agreed to give written advance notice of the net amount of each Direct Debit and the Due date of
debiting at least 10 calendar days before (but not more than 2 calendar months) the date the Direct Debit will be
initiated. The advance notice will be provided either:
(i) in writing; or
(ii) by electronic mail where the Customer has provided prior written consent to the Initiator
The advance notice will include the following message:
"Unless advice to the contrary is received from you by (*date), the amount of $__________ will be directly
debited to your Bank account on (initiating date)."
*This date will be at least two (2) days prior to the due date to allow for the amendment of Direct Debits.
(b) May, upon the relationship which gave rise to this Authority being terminated, give notice to the Bank that no
further Direct Debits are to be initiated under the Authority. Upon receipt of such motice the Bank may terminate
this Authority as to future payments by notice in writing to me/us.
2. The Customer may:
(a) At any time, terminate this Authority as to future payments by giving written notice of termination to the Bank
and to the Initiator.
(b) Stop payment of any Direct Debit to be initiated under this Authority by the Initiator giving written notice to
the Bank prior to the Direct being paid by the Bank.
3. The Customer acknowledge that:
(a) This authority will remain in full force and effect in respect of all Direct Debits made from my/our account in
good faith notwithstanding my/our death, bankruptcy or other revocation of this authority until actual notice of
such event is received by the Bank.
(b) In any event this Authority is subject to any arrangement now oe hereafter existing between me/us and Bank
in relation to my/our account.
(c) Any dispute as to the correctness or validity of an amount debited to my/our account shall not be the concern
of the Bank except in so far as the Direct Debit has not been paid in accordance with this authority. Any other
disputes lie between me/us and the Initiator.
(d) The Bank accepts no responsibility or liability for the accuracy of information about payments on Bank
(e) The Bank is not responsible for, or under any liability in respect of:
- any variations between notices given by the Initiator and the amounts of Deirct Debits.
- the Initiaor's failure to give written advance notice correctly nor for the non-receipt or late receipt of
notice by me/us for any reason whatsoever. In any such situation the dispute lies between me/us and the
4. The Bank may:
(a) In its absolute discretion conclusively determine the order of priority of payment by it of any monies pursuant to
this or any other Authority, cheque or draft properly executed by me/us and give to or drawn on the Bank.
(b) At any time terminate this authority as to future payment by notice in writing to me/us.
(c) Charge its current fees for this service in force from time-to-time.