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PreAuthorized Payment Plans The Town of Collingwood offers two preauthorized plans for payment of your property taxes. These plans authorize the Town to automatically withdraw funds from the bank

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What is pre-authorized payment plans?

Pre-authorized payment plans are agreements set up between a payer and a payee that allows for automatic deductions to be made from the payer's account at regular intervals.

Who is required to file pre-authorized payment plans?

Any individual or business who wishes to set up automatic payments for goods or services is required to file pre-authorized payment plans.

How to fill out pre-authorized payment plans?

To fill out pre-authorized payment plans, the payer needs to provide their bank account information, payment amount, frequency of payments, and authorization to the payee.

What is the purpose of pre-authorized payment plans?

The purpose of pre-authorized payment plans is to streamline the payment process, ensure timely payments, and avoid the need for manual payments each time.

What information must be reported on pre-authorized payment plans?

The information that must be reported on pre-authorized payment plans includes the payer's name, bank account details, payment amount, frequency of payments, and authorization signature.

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