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Cam rose & District PreSchool email to: info@camrosepreschool.ca20242025 Registration PREAUTHORIZED DEBIT AGREEMENT MAYOR\'S PERSONAL PAD Cam rose & District Preschool, a program of Cam rose & District

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How to fill out pad - pre-authorized debit

01

Contact your financial institution to request a Pre-Authorized Debit form.

02

Fill out your banking information accurately on the form, including your account number and transit number.

03

Provide the company or organization with whom you want to set up PAD with your banking information.

04

Wait for confirmation from your financial institution that the PAD has been successfully set up.

Who needs pad - pre-authorized debit?

01

Anyone who wants to automate recurring payments, such as for monthly bills or subscriptions, can benefit from using PAD - Pre-Authorized Debit.

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What is pad - pre-authorized debit?

PAD (Pre-Authorized Debit) is a payment method that allows a third party to collect funds directly from a payor's bank account with their permission.

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

Businesses or individuals who have authorization to collect payments from a payor's bank account are required to file PAD - Pre-Authorized Debit.

How to fill out pad - pre-authorized debit?

To fill out a PAD - Pre-Authorized Debit form, you will need the payor's bank account information, authorization signature, and payment details.

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

The purpose of PAD - Pre-Authorized Debit is to simplify recurring payments for services or products, allowing for automatic withdrawals from a payor's bank account.

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

Information such as the payor's bank account number, name, authorization signature, payment amount, and payment frequency must be reported on a PAD - Pre-Authorized Debit form.

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