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College Park Covenant Church Preauthorized Debit (PAD) AgreementDate: ___1I want to support College Park Covenant Church through monthly donations. 2Please debit my bank account: (attach VOID cheque)

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How to fill out pre-authorized direct withdrawal form

01

Obtain a pre-authorized direct withdrawal form from your financial institution.

02

Fill in your personal information, including your name, address, and account number.

03

Specify the amount you authorize to be withdrawn and the frequency of the withdrawals.

04

Sign and date the form to authorize the withdrawals.

05

Return the completed form to your financial institution for processing.

Who needs pre-authorized direct withdrawal form?

01

Anyone who wants to set up automatic bill payments or regular deposits such as salary or pension payments.

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What is pre-authorized direct withdrawal form?

A pre-authorized direct withdrawal form is a document that allows individuals or organizations to authorize recurring withdrawals from their bank account to pay for expenses, liabilities, or services.

Who is required to file pre-authorized direct withdrawal form?

Individuals or organizations that wish to set up automatic payments for loans, bills, or other financial obligations are typically required to file a pre-authorized direct withdrawal form.

How to fill out pre-authorized direct withdrawal form?

To fill out a pre-authorized direct withdrawal form, you need to provide your banking details, the amount to be withdrawn, the frequency of the withdrawal, and authorizing signatures.

What is the purpose of pre-authorized direct withdrawal form?

The purpose of a pre-authorized direct withdrawal form is to facilitate automatic payments, ensuring timely payment of bills and reducing the risk of late fees.

What information must be reported on pre-authorized direct withdrawal form?

The form typically requires personal identification details, bank account information, withdrawal amount, payment frequency, and signed authorization.

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