Common Contracts
2 similar Pre-Authorized Payment Agreement contracts
WHAT IS A PRE-AUTHORIZED PAYMENT?Pre-Authorized Payment Agreement • October 26th, 2009
You may sign an agreement allowing a company to take money out of your account to pay a bill on a monthly or annual basis. This agreement authorizes the company to process a debit against your account. For example, if you enter into a pre-authorized payment arrangement with your phone company, the phone company would take the money out of your account each month to pay your phone bill.
WHAT IS A PRE-AUTHORIZED PAYMENT?Pre-Authorized Payment Agreement • October 26th, 2009
You may sign an agreement allowing a company to take money out of your account to pay a bill on a monthly or annual basis. This agreement authorizes the company to process a debit against your account. For example, if you enter into a pre-authorized payment arrangement with your phone company, the phone company would take the money out of your account each month to pay your phone bill.