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PREAUTHORIZED DEBIT (PAD) CANCELLATION NOTICECUSTOMER INFORMATIONHydro Account : Name : Email : Service Address :City Province: :Postal Code:Phone:I/W e hereby cancel my/our authorization to issue

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How to fill out pre-authorized debit pad request

01

Obtain the pre-authorized debit pad request form from your financial institution.

02

Fill out all required fields on the form, including your name, address, phone number, and banking information.

03

Specify the amount to be debited and the frequency of the debits (e.g. monthly, bi-weekly).

04

Sign and date the form to authorize the debits to be taken from your bank account.

05

Return the completed form to your financial institution for processing.

Who needs pre-authorized debit pad request?

01

Individuals who want to set up automatic payments for bills, such as utilities, rent, or membership fees.

02

Businesses that need to collect regular payments from customers, such as subscription services or recurring donations.

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What is pre-authorized debit pad request?

Pre-authorized debit pad request is a formal request made by a payer to authorize a payee to withdraw funds from the payer's account for recurring payments.

Who is required to file pre-authorized debit pad request?

The payer is required to file a pre-authorized debit pad request in order to authorize the payee to withdraw funds from their account.

How to fill out pre-authorized debit pad request?

To fill out a pre-authorized debit pad request, the payer needs to provide their account information, the payee's details, and authorize the withdrawal of funds.

What is the purpose of pre-authorized debit pad request?

The purpose of a pre-authorized debit pad request is to streamline the process of recurring payments and ensure timely and hassle-free transactions between the payer and the payee.

What information must be reported on pre-authorized debit pad request?

The pre-authorized debit pad request must include the payer's account details, the payee's information, the amount to be withdrawn, the frequency of the payments, and the authorization for the withdrawal of funds.

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