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PREAUTHORIZED DEBIT (PAD) AGREEMENTHillsdale Golf Club9850 Monte Ste. Marianne, Miracle QC J7J 2A8 tel: 450.435.6521 fax: 450.435.7992 1. Customer information (please print clearly)Last Name:First
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How to fill out pre-authorized debit pad agreement
How to fill out pre-authorized debit pad agreement
01
Obtain a pre-authorized debit pad agreement form from the organization you wish to authorize for automatic payments.
02
Fill in your personal information such as name, address, and contact details on the form.
03
Provide your banking information including account number and transit number.
04
Indicate the payment amount or range and the frequency of the payments.
05
Sign and date the form to authorize the organization to withdraw funds from your account.
06
Return the completed form to the organization for processing.
Who needs pre-authorized debit pad agreement?
01
Individuals who wish to set up automatic payments for services such as utilities, rent, or loan payments.
02
Businesses that want to collect recurring payments from their customers.
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What is pre-authorized debit pad agreement?
A pre-authorized debit pad agreement is a signed permission given by a customer to allow a business to withdraw funds from their bank account on a recurring basis.
Who is required to file pre-authorized debit pad agreement?
Businesses that plan to withdraw funds from customers' bank accounts on a recurring basis are required to file pre-authorized debit pad agreements.
How to fill out pre-authorized debit pad agreement?
To fill out a pre-authorized debit pad agreement, businesses need to provide their banking information, the customer's banking information, and the specific withdrawal details such as the amount and frequency.
What is the purpose of pre-authorized debit pad agreement?
The purpose of a pre-authorized debit pad agreement is to establish a legal authorization for a business to withdraw funds from a customer's bank account on a recurring basis.
What information must be reported on pre-authorized debit pad agreement?
The pre-authorized debit pad agreement must include the business's name, address, banking information, the customer's name, address, banking information, and the specific details of the withdrawal such as the amount and frequency.
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