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PREAUTHORIZED DEBIT AGREEMENT (PAD) I would like to support Cassie + Friends through ongoing monthly donations! GIFT AMOUNT: Please debit my bank account for the following amount each month (attach

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How to fill out pre-authorized debit pad agreement

01

Obtain a pre-authorized debit pad agreement form from the financial institution or service provider.

02

Fill in your personal information such as name, address, phone number, and email.

03

Provide your banking information including account number, transit number, and bank name.

04

Specify the date you authorize payments to be withdrawn from your account.

05

Sign and date the agreement to confirm your consent to the pre-authorized debits.

Who needs pre-authorized debit pad agreement?

01

Anyone who wants to set up automatic payments for services such as utility bills, rent, insurance premiums, or loan payments.

02

Businesses that want to collect payments from customers on a regular basis.

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What is pre-authorized debit pad agreement?

Pre-authorized debit pad agreement is an agreement between a customer and a financial institution allowing the institution to automatically withdraw funds from the customer's account.

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

Both the customer and the financial institution are required to file 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 provide their contact information, banking details, and agree on the terms of automatic withdrawals.

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

The purpose of pre-authorized debit pad agreement is to facilitate automatic payments for services or products without the need for manual transactions.

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

The pre-authorized debit pad agreement must include the customer's name, account number, routing number, payment schedule, and authorization for automatic withdrawals.

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