Direct Debit Application

Drawing arrangements

• We will advise you, in writing, the details of POWERFRONT PTY LTD Repayment Plan drawing arrangements (amount-frequency-commencement date) at least 10 calendar days prior to the first drawing.
• Where the due date falls on a non-business day, we will draw the amount on the next business day.
• We will not change the amount or frequency of drawing arrangements without your prior approval.
• We reserve the right to cancel the POWERFRONT PTY LTD Repayment Plan drawing arrangements if three or more drawings are returned unpaid by your nominated Financial Institution & to arrange with you an alternative payment method.
• We will keep all information pertaining to your nominated account at your Financial Institution, private & confidential.

Your rights

• You may terminate the POWERFRONT PTY LTD Repayment Plan drawing arrangements at any time by giving written notice to us. Such notice should be received by us at least 14 business days prior to the due date.
• You may stop payment of a drawing under the POWERFRONT PTY LTD Repayment Plan by giving written notice to us. Such notice should be received by us at least 14 days prior to the due date.
• You may request change to the drawing amount and/or frequency of POWERFRONT PTY LTD Repayment Plan drawings by contacting us and advising your requirements no less than 14 business days prior to the due date.
• Where you consider that a drawing has been initiated incorrectly (outside POWERFRONT PTY LTD Repayment Plan arrangements) you should take the matter up directly with us.

Your responsibilities

• It is your responsibility to ensure that sufficient funds are available in the nominated account to meet a drawing on its due date.
• It is your responsibility to ensure that the authorisation given to draw on the nominated account, is identical to the account signing instruction held by the Financial Institution where the account is based.
• It is your responsibility to advise us if the account if the account nominated by you to receive the POWERFRONT PTY LTD Repayment Plan drawings is transferred or closed.

• It is your responsibility to arrange with us a suitable alternative payment method if the POWERFRONT PTY LTD Repayment Plan drawing arrangements are cancelled either by yourselves or the nominated Financial Institution.

Direct Debit Request Company Details *Company ABN *Contact name *Email Address *Telephone number Banking Details *Financial institution name *Financial institution branch name *Account Name *BSB *Account Number *Amount in AUD$ per month (GST inc) *Frequency Monthly Once Off Agreement *Date *I agree to the terms and conditions       Please wait.... Saving!