Translate Lastschriftverfahren from German to English

Summary

German to English: more detail...

Lastschriftverfahren:
- LSV; Lastschriftenverfahren; preauthorized debit; PAD

German

Detailed Translations for Lastschriftverfahren from German to English

Lastschriftverfahren (LSV)
the LSV; the Lastschriftenverfahren
– An electronic payment method used in Switzerland that allows companies to deduct customer payments directly from a customer’s bank through the Swiss Interbank Clearing system. ¹
- LSV [the ~] noun
- Lastschriftenverfahren [the ~] noun
Lastschriftverfahren (PAD)
the preauthorized debit; the PAD
– A withdrawal from a customer’s account to pay bills or make loan payments that is initiated by a company or financial institution which has the customer’s written authority to do so. ¹
- preauthorized debit [the ~] noun
- PAD [the ~] noun

Noun	Related Translations	Other Translations
LSV	LSV; Lastschriftverfahren
Lastschriftenverfahren	LSV; Lastschriftverfahren
PAD	Lastschriftverfahren; PAD	PAD; Packet Assembler/Disassembler
preauthorized debit	Lastschriftverfahren; PAD