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PreAuthorized Debit (PAD) Agreement Date: I would like to support Gorilla Soldiers Memorial Hospital Foundation through donations on the interval selected below: Weekly Monthly Quarterly Yearly Other:
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What is pre authorized debit form?
A pre authorized debit form is a form where a payee can automatically withdraw funds from a payor's account.
Who is required to file pre authorized debit form?
Any individual or organization looking to automatically withdraw funds from another party's account is required to file a pre authorized debit form.
How to fill out pre authorized debit form?
To fill out a pre authorized debit form, one must provide their banking information, the amount to be withdrawn, the frequency of the withdrawals, and any other relevant details.
What is the purpose of pre authorized debit form?
The purpose of a pre authorized debit form is to allow for automatic withdrawals from a payor's account without the need for manual intervention each time.
What information must be reported on pre authorized debit form?
Information such as the payor's name, account number, bank details, the amount to be withdrawn, and the frequency of the withdrawals must be reported on a pre authorized debit form.
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