| comp., MS |
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); 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); preauthorized debit (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) |
