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Current Balance $ AUTOMATIC DRAFT AGREEMENT Payments will be charged/withdrawn until there is a zero balance on your account. Any changes to this agreement (card #, etc.) must be submitted in writing

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What is automatic draft agreement?

Automatic draft agreement is a pre-approved agreement between two parties that automatically renews at the end of each term.

Who is required to file automatic draft agreement?

Both parties involved in the agreement are required to file the automatic draft agreement.

How to fill out automatic draft agreement?

The automatic draft agreement can be filled out by entering necessary information such as terms, conditions, renewal date, and signatures of both parties.

What is the purpose of automatic draft agreement?

The purpose of automatic draft agreement is to simplify the process of renewing the agreement without the need for renegotiation.

What information must be reported on automatic draft agreement?

The automatic draft agreement must include details of the parties involved, terms of the agreement, renewal clause, and signatures.

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