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Complete the Pre-Authorized Debit Agreement for Westhill Park Baptist Church to simplify your donation process. Revocation rights and contact details included.
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A pre-authorized debit agreement is a financial arrangement where an account holder authorizes a third party to withdraw funds directly from their bank account at specified intervals to pay for goods or services.
Individuals or entities that wish to set up recurring payments through pre-authorized debits are required to file a pre-authorized debit agreement with their bank and the payee.
To fill out a pre-authorized debit agreement, you typically need to provide your bank account details, authorize the debit amount and frequency, and sign the agreement, confirming your consent for the transactions.
The purpose of a pre-authorized debit agreement is to facilitate automatic payments, ensuring timely and efficient payment processing without the need for manual intervention from the account holder.
The information that must be reported includes the account holder's name, bank account number, routing number, the amount to be debited, frequency of payment, and the authorization signature.
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