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PREAUTHORIZED DEBIT (PAD) AGREEMENT FORM Please contact receivables@stmarg.ca to receive instructions for uploading the completed form to a secured site and/or for any questions regarding payments.

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How to fill out pre-authorized debit pad agreement

01

Obtain the pre-authorized debit pad agreement form from the organization or financial institution.

02

Fill in your personal information such as name, address, and contact details.

03

Provide your banking information including account number and transit number.

04

Specify the payment frequency and amount to be debited from your account.

05

Sign and date the agreement to authorize the organization to debit your account.

06

Keep a copy of the completed agreement for your records.

Who needs pre-authorized debit pad agreement?

01

Anyone who wants to authorize an organization to automatically withdraw funds from their bank account on a regular basis needs a pre-authorized debit pad agreement.

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What is pre-authorized debit pad agreement?

Pre-authorized debit pad agreement is a written agreement between a payor and a payee that authorizes the payee to withdraw funds from the payor's account on a regular basis.

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

Both the payor and the payee are required to file a pre-authorized debit pad agreement.

How to fill out pre-authorized debit pad agreement?

To fill out a pre-authorized debit pad agreement, both parties must include their full names, contact information, bank account details, withdrawal frequency, and signature.

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

The purpose of a pre-authorized debit pad agreement is to establish a recurring payment schedule between a payor and a payee for goods or services.

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

The pre-authorized debit pad agreement must include the names and contact information of both parties, bank account details, withdrawal frequency, and signatures.

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