Get the free PRE-AUTHORIZED PAYMENT PLAN AGREEMENT

Sutton Select Property Management #101 5512 Hastings Street Burnaby, BC V5B 1R3 Phone: (778) 3299966 Fax: (778) 3299967 Email: accounting mysuttonpm.com PREAUTHORIZED PAYMENT PLAN AGREEMENT Terms

How to fill out pre-authorized payment plan agreement

How to fill out a pre-authorized payment plan agreement:

1. Gather all necessary information: Before filling out the agreement, you will need to have certain information on hand. This includes your full name, address, contact information, bank account details, and the name or organization you will be making payments to.
2. Read and understand the terms and conditions: Take the time to carefully read through the agreement and make sure you understand all the terms and conditions. Pay attention to the payment amount, frequency, and duration, as well as any cancellation or modification policies.
3. Complete the personal information section: Begin by filling out your personal information accurately and legibly. This ensures that the agreement is properly associated with your account and reduces the chances of errors or confusion.
4. Provide banking information: Fill in the necessary banking information, including your account number and the name of your financial institution. Double-check these details to ensure they are correct as any mistakes could lead to payment issues.
5. Specify payment details: Indicate the payment amount, frequency, and start date in the designated sections. Ensure that these details align with your financial capabilities and the terms agreed upon with the recipient of the payments.
6. Sign and date the agreement: Once you have completed all the necessary sections, sign and date the agreement. This signifies your consent and commitment to the pre-authorized payment plan.
7. Keep a copy for your records: Make a copy of the filled-out agreement for your records. This will be helpful in case any discrepancies or issues arise in the future.

Who needs a pre-authorized payment plan agreement?

1. Individuals: Many individuals find pre-authorized payment plans beneficial for various reasons such as paying bills, making regular donations to charities, or making loan repayments. It offers convenience and ensures timely payments without the need for manual intervention.
2. Businesses: Businesses often use pre-authorized payment plan agreements to collect recurring payments from their customers. This can be for subscription services, installment payments for goods or services, or membership fees.
3. Non-profit organizations: Non-profit organizations often rely on pre-authorized payment plan agreements to receive regular donations from their supporters. This helps them maintain a steady stream of funding to support their causes and initiatives.

For pdfFiller’s FAQs

What is pre-authorized payment plan agreement?

A pre-authorized payment plan agreement is a contract between a payer and a payee that authorizes the payee to automatically withdraw funds from the payer's account on a regular basis.

Who is required to file pre-authorized payment plan agreement?

Both the payer and payee are required to file a pre-authorized payment plan agreement.

How to fill out pre-authorized payment plan agreement?

To fill out a pre-authorized payment plan agreement, the payer and payee must agree on the terms, payment schedule and payment amount, and then sign the agreement.

What is the purpose of pre-authorized payment plan agreement?

The purpose of a pre-authorized payment plan agreement is to simplify the payment process, ensure timely payments, and automate recurring transactions.

What information must be reported on pre-authorized payment plan agreement?

The pre-authorized payment plan agreement must include the names of the payer and payee, payment amount, payment schedule, bank account information, and signatures of both parties.

How can I send pre-authorized payment plan agreement to be eSigned by others?

When you're ready to share your pre-authorized payment plan agreement, you can swiftly email it to others and receive the eSigned document back. You may send your PDF through email, fax, text message, or USPS mail, or you can notarize it online. All of this may be done without ever leaving your account.

Can I sign the pre-authorized payment plan agreement electronically in Chrome?

Yes. By adding the solution to your Chrome browser, you can use pdfFiller to eSign documents and enjoy all of the features of the PDF editor in one place. Use the extension to create a legally-binding eSignature by drawing it, typing it, or uploading a picture of your handwritten signature. Whatever you choose, you will be able to eSign your pre-authorized payment plan agreement in seconds.

How do I complete pre-authorized payment plan agreement on an Android device?

On Android, use the pdfFiller mobile app to finish your pre-authorized payment plan agreement. Adding, editing, deleting text, signing, annotating, and more are all available with the app. All you need is a smartphone and internet.