"Unauthorized debit" refers to a situation where money is taken from your bank account without your permission or knowledge.
Sentences with «unauthorized debit»
You're not responsible for unauthorized debit card transactions if you report that your card is missing before someone uses it. (rismedia.com)
All of your clients» claims regarding unauthorized debit of their cryptocurrency wallet, material errors (e.g. double payments or wrong amount), wrongful delivery, defective goods and / or services, volatility in the price of the cryptocurrency or fraud shall be your responsibility, unless such debit, error or fraud was a direct result of a serious fault or gross negligence on the part of SpicePay. (spicepay.com)
ACH Positive Pay allows you to review, block or filter all ACH debit transactions to prevent an unauthorized debit from occurring on your accounts. (franklinsynergybank.com)