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WAR RESISTERS SUPPORT CAMPAIGN 427 Bloor St. West, Toronto, ON M5S 1×7 MAYORS PREAUTHORIZED DEBIT AGREEMENT Customer Information Please print clearly Reference Number Optional Surname First Name
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What is payor's pre-authorized debit agreement?
The payor's pre-authorized debit agreement is a contractual agreement between a payor and a payee that authorizes the payee to withdraw funds from the payor's account on a recurring basis.
Who is required to file payor's pre-authorized debit agreement?
The payor is required to file the pre-authorized debit agreement with the payee.
How to fill out payor's pre-authorized debit agreement?
The payor must fill out the required fields in the pre-authorized debit agreement form provided by the payee, including their banking information and authorization for debits.
What is the purpose of payor's pre-authorized debit agreement?
The purpose of the pre-authorized debit agreement is to establish a formal authorization for the payee to withdraw funds from the payor's account for specified purposes.
What information must be reported on payor's pre-authorized debit agreement?
The pre-authorized debit agreement must include the payor's name, contact information, banking details, agreed upon payment schedule, and authorization signature.
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