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EXPRESS Premium Finance www.expresspremium.com Authorization Agreement for Recurring Payments by Direct Pay (ACH Debits) Date: To: Express Premium Finance Company, LLC (hereafter EXPRESS) From: Insured
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How to fill out authorization agreement for recurring
How to fill out authorization agreement for recurring:
01
Start by gathering all the necessary information and documents required to fill out the authorization agreement for recurring. This may include personal information, bank account details, and any specific authorization instructions.
02
Begin by filling in your personal information accurately. This typically includes your full name, address, contact information, and any identification numbers required.
03
Provide the necessary details regarding the recurring transactions. This may include the name of the company or individual authorized to make the recurring charges, the amount or frequency of the charges, and the designated bank account to be debited.
04
Carefully review and understand the terms and conditions of the authorization agreement. Pay close attention to any clauses regarding cancellation or modifications of the agreement, as well as any fees or penalties that may apply.
05
Sign and date the authorization agreement once you have thoroughly reviewed and filled in all the required fields. Ensure that your signature matches the name provided and that the date reflects when the agreement is being signed.
Who needs authorization agreement for recurring:
01
Individuals who wish to authorize a company or individual to automatically charge their bank account on a recurring basis will need an authorization agreement for recurring. This may be used for various purposes such as monthly subscriptions, utility bill payments, or loan repayments.
02
Organizations or businesses that offer services or products on a subscription basis typically require customers to sign an authorization agreement for recurring. This allows them to collect payments automatically and ensures a seamless payment process for both parties.
03
Non-profit organizations that rely on recurring donations or membership fees may also utilize authorization agreements for recurring. This helps streamline the donation or membership renewal process and provides a convenient way for supporters to contribute regularly.
In summary, filling out an authorization agreement for recurring requires accurately providing personal information, specifying the details of the recurring charges, reviewing the terms and conditions, and signing the agreement. This type of agreement is necessary for individuals, businesses, and non-profit organizations looking to facilitate automatic recurring payments.
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