Get the free Personally Approved Pre-Authorized Payment Form Final Version.docx

! Personally Approved PreAuthorized Payments The undersigned hereby authorize(s) CANADIAN BAPTISTS OF WESTERN CANADA (CBC) to draw monthly checks or prepare debits, by electronic entry, covering payments

How to fill out personally approved pre-authorized payment

How to fill out personally approved pre-authorized payment

1. Access your bank's online banking platform.
2. Go to the 'Payments' or 'Transfers' section.
3. Look for the option to set up pre-authorized payments.
4. Select the 'Personally Approved Pre-Authorized Payment' option.
5. Enter the necessary information, such as the payee's name, account number, and payment amount.
6. Specify the frequency and duration of the pre-authorized payment.
7. Review and confirm the details of the payment.
8. Authenticate the transaction using the required security measures, such as a password or confirmation code.
9. Submit the request to set up the personally approved pre-authorized payment.
10. Wait for confirmation from your bank that the payment has been successfully scheduled.

Who needs personally approved pre-authorized payment?

1. Individuals who prefer to automate recurring payments, such as utility bills, rent, or mortgage payments.
2. People who want to ensure timely payments without the need for manual intervention each time.
3. Those who may have frequent transactions with a specific payee and want to simplify the payment process.
4. Individuals who appreciate convenience and value time-efficiency in managing their finances.
5. Anyone looking to streamline their personal financial management and reduce the risk of late or missed payments.

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What is personally approved pre-authorized payment?

Personally approved pre-authorized payment is a payment that is authorized by an individual for a specific purpose and is set up to be automatically withdrawn from their account on a regular basis.

Who is required to file personally approved pre-authorized payment?

Individuals who have set up personally approved pre-authorized payments are required to file this information.

How to fill out personally approved pre-authorized payment?

To fill out personally approved pre-authorized payment, individuals need to provide details such as the purpose of the payment, the amount, the frequency of the payment, and the account information for the payment to be withdrawn from.

What is the purpose of personally approved pre-authorized payment?

The purpose of personally approved pre-authorized payment is to make regular payments more convenient for individuals by automating the payment process.

What information must be reported on personally approved pre-authorized payment?

The information that must be reported on personally approved pre-authorized payment includes the purpose of the payment, the amount, the frequency, and the account information.