The Direct Debit Agreement Template – Australia comes in multiple formats, including PDF, Word, and Google Docs. Each version is designed to be both editable and printable, ensuring they cater to your specific requirements effortlessly.
Direct Debit Agreement Template – Australia Editable | PrintableSample
1. Parties Involved 2. Purpose of the Agreement 3. Bank Account Details 4. Payment Details 5. Duration of Agreement 6. Cancellation Terms 7. Responsibility for Payment 8. Dispute Resolution 9. Governing Law 10. Signature and Acceptance
PDF
WORD
Examples
[Customer’s Name]
[Customer’s ID]
[Customer’s Address]
[Customer’s Phone]
[Customer’s Email]
[Business Name]
[Business ID]
[Business Address]
[Business Phone]
[Business Email]
This Direct Debit Agreement (“Agreement”) outlines the terms between [Customer’s Name] and [Business Name] for direct debit transactions, effective from [Start Date].
The Customer authorizes the Business to initiate direct debit transactions for payments due, as specified in the payment schedule.
Payments will be deducted from the Customer’s bank account on a [weekly/bi-weekly/monthly] basis, with amounts as specified in the agreed-upon schedule.
The Customer agrees to provide accurate bank account details, including account name, BSB, and account number, ensuring sufficient funds are available for the designated payments.
The Customer may cancel or vary this Agreement by providing [Notice Period] written notice to the Business, allowing for proper adjustments.
Both parties agree to attempt to resolve any disputes amicably and may involve an independent mediator if necessary.
This Agreement will be governed by the laws of Australia.
[Customer’s Signature]
[Customer’s Name]
[Business’s Signature]
[Business’s Name]
[Customer’s Full Name]
[Customer’s ID Number]
[Customer’s Residential Address]
[Customer’s Phone Number]
[Customer’s Email Address]
[Company’s Name]
[Company’s Registration Number]
[Company’s Registered Address]
[Company’s Contact Number]
[Company’s Email Address]
This Direct Debit Agreement establishes the terms under which the Customer authorizes the Company to deduct recurring payments directly from their nominated bank account.
The Customer agrees to allow the Company to collect payment amounts from the Customer’s bank account as specified in the agreed payment plan.
The payments will total [specify amount] each [frequency], commencing on [start date], unless varied by mutual consent.
The Customer must notify the Company of any changes to their bank account details at least [Notice Period] prior to the next scheduled payment.
The Customer retains the right to request a refund or reversal of any incorrect debit made from their account, in line with the banking regulations.
The Company commits to protecting Customer information and will not disclose any personal details without consent unless required by law.
This Agreement shall be governed by the relevant laws of Australia.
[Customer’s Signature]
[Customer’s Full Name]
[Company’s Authorized Signature]
[Company’s Name]
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