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Toronto Hydro-Electric System Limited Pre-Authorized Payment Plan (PAP) Agreement Services for Business Customers I/We authorize Toronto Hydro-Electric System Limited (Toronto Hydro), and the financial

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What is pre-authorized payment plan pap?

Pre-authorized payment plan (PAP) is a method of payment where the payer authorizes a third party to automatically withdraw funds from their bank account to pay bills or make recurring payments.

Who is required to file pre-authorized payment plan pap?

Anyone who wants to set up automatic payments for bills or recurring expenses may choose to file a pre-authorized payment plan (PAP).

How to fill out pre-authorized payment plan pap?

To fill out a pre-authorized payment plan (PAP), you will need to provide your bank account information, authorization for automatic payments, and details of the bill or expense being paid.

What is the purpose of pre-authorized payment plan pap?

The purpose of pre-authorized payment plan (PAP) is to simplify bill payments and recurring expenses by automating the process, saving time and ensuring timely payments.

What information must be reported on pre-authorized payment plan pap?

The information reported on a pre-authorized payment plan (PAP) typically includes the payer's bank account details, authorization for automatic withdrawals, and details of the bill or expense being paid.

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