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PreAuthorized Debit Exact Payment AgreementPlease attach VOID check herePreAuthorized Credit Card Exact Payment AgreementName: Name: Address: Address: Phone Number: Phone Number: Child Care Program:
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01
To fill out a pre-authorized debit form, follow these steps:
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Begin by downloading or obtaining a pre-authorized debit form.
03
Read and understand the terms and conditions of the pre-authorized debit service.
04
Fill in your personal information accurately, including your name, address, and contact details.
05
Provide your banking information, such as your bank account number and the bank's transit number.
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Specify the amount and frequency of the debits you authorize, such as weekly, monthly, or a one-time payment.
07
Sign and date the form to confirm your consent and agreement to the pre-authorized debit service.
08
Attach any required supporting documentation, such as a void cheque or proof of authorization.
09
Submit the completed form to the relevant organization or financial institution.
10
Keep a copy of the filled-out form for your records.

Who needs pre-authorized debit please attach?

01
Pre-authorized debit can be useful for various individuals and businesses, including:
02
- Individuals who want to automate bill payments, such as utility bills, mortgage payments, or subscriptions.
03
- Employers who want to set up direct deposits to their employees' bank accounts.
04
- Small businesses that offer recurring services or membership fees.
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- Financial institutions that facilitate automatic transfers between accounts or payments to external parties.
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- Non-profit organizations or charities that rely on regular donations or membership fees.
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Pre-authorized debit is a payment method where the payer authorizes a company to collect funds directly from their account.
Any individual or company who has set up a pre-authorized debit agreement with a payee is required to file.
To fill out a pre-authorized debit form, you typically need to provide your banking details, payment amount, frequency, and authorization signature.
The purpose of pre-authorized debit is to automate recurring payments, making it convenient for both the payer and payee.
The information reported on pre-authorized debit includes the payer's account details, payment amount, frequency, and authorization consent.
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