41. The payee is then notified that he or she is now authorised to initiate direct debit transfers from the payer. 42. The facsimile offer was repeated in 2014 for those willing to subscribe to the " Almanack " by direct debit . 43. The electronic direct debit ( EDD ) system offers no such guarantee and thus exposes the retailer to a default risk. 44. For both types collecting organizations must enter into a direct debit ( " automatische incasso " ) contract with their bank. 45. Under the Direct Debit scheme rules, merchants have very few grounds to challenge a charge in generated under the Direct Debit Guarantee. 46. From 1 February 2014, all national systems for credit transfer and direct debit must be abolished and replaced by an IBAN-based system. 47. Under the Direct Debit scheme rules, merchants have very few grounds to challenge a charge in generated under the Direct Debit Guarantee. 48. One other payment option is the direct debit , in which the IRS extracts the money from a taxpayer's account on a specified date. 49. The " Einzugserm�chtigung " ( " direct debit authorisation " ) just requires the customer to authorize the payee to make the collection. 50. The problem of cancelled and obsolete direct debits being wrongfully revived or re-implemented is estimated to cost UK consumers ?85 million in 2010.
