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4800 SOUTH SERVICE RD EVANSVILLE, ON L3J 1L3 9055632799 ext. 222 finance@lincoln.ca PREAUTHORIZATION DEBIT (PAD) AGREEMENT FOR PROPERTY TAX PAYMENTS 1. CUSTOMER (MAYOR) INFORMATION (PLEASE PRINT CLEARLY)

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How to fill out pre-authorization debit pad agreement

01

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

02

Fill out all required fields on the form, including your name, contact information, account number, and any other requested details.

03

Read through the terms and conditions of the agreement carefully to ensure you understand the agreement you are entering into.

04

Sign and date the form to indicate your consent to the terms outlined in the agreement.

05

Submit the completed form to the appropriate party, whether that be your bank or the organization requesting the pre-authorization debit pad agreement.

Who needs pre-authorization debit pad agreement?

01

Individuals or businesses who frequently make recurring payments using their debit card may benefit from having a pre-authorization debit pad agreement in place.

02

Organizations that offer subscription services or membership fees may also require customers to sign a pre-authorization debit pad agreement.

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What is pre-authorization debit pad agreement?

Pre-authorization debit pad agreement allows a company to automatically debit funds from a customer's account.

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

Any company that wants to set up automatic debits from their customers' accounts.

How to fill out pre-authorization debit pad agreement?

The agreement must be filled out with the customer's banking information and authorization for automatic debits.

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

The purpose is to establish a legal authorization for a company to automatically debit funds from a customer's account.

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

The agreement must include the customer's name, banking information, authorization for debits, and terms of the agreement.

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