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Direct Debit Authorization
Direct Payment via ACH is the transfer of funds from a consumer account for the purpose of making a
payment. This authorization will allow Triad Elite Soccer Club to debit/charge
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What is direct debit authorization?
Direct debit authorization is a written permission given by an account holder to allow a company or organization to withdraw money directly from their bank account to pay for goods or services.
Who is required to file direct debit authorization?
Any individual or business that wishes to set up automatic payments through direct debit is required to file a direct debit authorization.
How to fill out direct debit authorization?
To fill out a direct debit authorization, you need to provide your bank account details, the amount to be debited, the frequency of the payments, and your signature.
What is the purpose of direct debit authorization?
The purpose of direct debit authorization is to streamline the payment process for recurring bills or subscriptions, making it more convenient for both the payer and the payee.
What information must be reported on direct debit authorization?
The information typically required on a direct debit authorization includes the account holder's name, bank account number, payment amount, payment frequency, and authorization signature.
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