Bank Debit

Bank Debit

A reduction in the amount of one's bank account. While this technically could apply to any withdrawal, the term is used especially to refer automatic withdrawals made regularly with the account holder's permission. For example, one may allow for bank debits to pay one's car insurance bill each month. The account holder must explicitly authorize bank debits in order to prevent abuse.
References in periodicals archive ?
Global Banking News-November 20, 2015--US travellers can use Stonegate Bank debit card in Cuba
As part of the promotion, customers spending upwards of AED 2,500 on their Noor Bank debit or credit cards for any consumer electronics purchases are entitled to a Samsung voucher of AED 100 that can be redeemed for any Samsung product in the UAE.
With Android Pay, PNC Bank debit and credit cards transactions are still protected by PNC Security Assurance.
Elaborating on the campaign, Mohsin Aikal, Head of Consumer Finance, Noor Bank said, "We are pleased to launch this campaign, which will reward our customers for using their Noor Bank debit or credit card overseas during this holiday period.
This new feature will add unprecedented dimensions of flexibility and protection in the use of Riyad Bank debit cards along with unlimited global acceptance.
Most bank debit cards levy fees of up to PS5 for purchases and cash withdrawals, plus a currency conversion fee of up to 2.
Apple Pay will enable customers to easily make secure mobile payments with their First National Bank debit card.
Under the agreement, Ithmaar Bank debit and credit cardholders are entitled to a 20 per cent discount in orthopaedic consultancy and diagnostics, with a special package for physiotherapy, hydrotherapy (special heated pool) and gym services as prescribed by the specialist at the Wellmed Clinic.
Customers qualified for a prize after using their Commercial Bank debit cards for at least one international transaction, either at an ATM or a retail outlet during the promotion period throughout the October month.
But here's the thing: Mr Brown paid for only a couple of pounds worth of items - two loaves, a jar of jam and a box of eggs - with a bank debit card at his local Asda in Wolverhampton.
At least 2 million shoppers who used bank debit cards at Target Corp (TGT.
Do you find comfort in bank debit cards that do not require any authorisation code when swiped at any sale terminal?