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AUTHORIZATION AGREEMENT IndividualRECURRING ELECTRONIC ACH DEBIT hereby authorize MASS Medical Air Services Association, herein after called the COMPANY, to initiate a debit to my CHECKING / SAVINGS
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Recurring electronic ACH debit is a payment method where a company withdraws funds from a customer's bank account on a regular basis, typically for subscription services or monthly bills.
Companies or organizations that offer services on a subscription basis and collect payments through ACH debits are required to file recurring electronic ach debit.
To fill out recurring electronic ACH debit, the company needs to obtain authorization from the customer, set up the payment schedule, and accurately input the payment information into their ACH processing system.
The purpose of recurring electronic ACH debit is to automate payment collection and provide convenience to both the company and the customer for recurring payments.
The information reported on recurring electronic ACH debit includes the customer's bank account information, payment amount, payment frequency, and authorization for the payment.
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