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Pre-Authorized Debit Utilities Town of Stony Plain Please complete the Pre-Authorized Debit (PAD) Plan agreement below. I/We authorize the Town of Stony Plain, and the financial institution designated

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What is pre-authorized debit - utilities?

Pre-authorized debit - utilities refers to a payment system where customers authorize utility companies to deduct funds from their bank accounts on a regular basis to cover their utility bills. It allows for convenient and automatic bill payment without the need for manual intervention.

Who is required to file pre-authorized debit - utilities?

Utility companies are required to offer pre-authorized debit as a payment option to their customers. It is up to the customers to decide whether or not they want to use this payment method.

How to fill out pre-authorized debit - utilities?

To set up pre-authorized debit for utilities, customers need to provide their banking information, such as account number and transit number, to the utility company. This can usually be done through an online portal, over the phone, or by completing a paper form.

What is the purpose of pre-authorized debit - utilities?

The purpose of pre-authorized debit - utilities is to simplify and automate the payment process for utility bills. It eliminates the need for customers to manually pay their bills each month and helps ensure timely payment without the risk of late fees or service interruptions.

What information must be reported on pre-authorized debit - utilities?

The information required to be reported on pre-authorized debit - utilities includes the customer's bank account details (account number, transit number, etc.), the utility company's identification details, and the authorization from the customer to deduct funds from their account for bill payments.

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