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--- list-of-debit-order-definitions [2020/06/22 12:50]
Schuzelle van Wyk
+++ list-of-debit-order-definitions [2020/06/22 12:51]
Schuzelle van Wyk
@@ Line 10: / Line 10: @@
 |Abbreviated Name (Short Name)|The User's legal entity or trading as name that will reflect on the client's bank statement, shortened to 10 characters. For example Direct Debit (Pty) Ltd's customer being debited will see DDEBIT on their bank statement for the debit order transaction.|
 |Account Holder|Individual person or legal entity from whom the User is collecting funds from or to whom the User is paying funds to.|
-|Action Date|The day the debit order will be deducted from the client's bank account or credit payment run from paid from the User's account.|
+|Action Date|The day the debit order will be deducted from the client's bank account or credit payment paid from the User's account.|
 |Aggregate Value Limit|The maximum aggregate (total) value of transactions processed by a User in one (1) month, and is restricted to a fixed limit as negotiated between the User and Direct Debit.|
 |Amended Action Date|Where the specified action date is not a valid business day, the effective action date is amended to th following business day.|