CALCULATING PAYMENTS definition
CALCULATING PAYMENTS. All monthly subscription fees are calculated using the monthly rate multiplied by the number of months. There is no discount for quarterly or annual payments. • STOPPING ACH PAYMENT: The Birth Center can stop payment of any ACH entry by notifying the Birth Center’s financial institution and CABC 3 days before the Birth Center’s account is charged. o When ACH Authorization will not be active on the day a payment is due: ▪ The following alternate forms of payment are acceptable when received at the CABC Executive Office on or before the day that payment is due: • Signed check made out to The Commission for the Accreditation of Birth Centers. • Valid credit card payment. ▪ The Birth Center may make up to 2 monthly payments by one of the alternate forms of payment listed above, without incurring an additional fee. • PAYMENTS BY SCHEDULED DUE DAY: When the Birth Center becomes an Enrolled Birth Center, the payments are due to CABC on the 4th day of the month that payment is due, according to the schedule selected in the Payment System. • LATE FEES AND DISHONORED CHECKS:
CALCULATING PAYMENTS. All monthly subscription fees are calculated using the monthly rate multiplied by the number of months. There is no discount for quarterly or annual payments. • STOPPING ACH PAYMENT: The AMU can stop payment of any ACH entry by notifying the AMU’s financial institution and CABC 3 days before the AMU’s account is charged. o When ACH Authorization will not be active on the day a payment is due: ▪ The following alternate forms of payment are acceptable when received at the CABC Executive Office on or before the day that payment is due: • Signed check made out to The Commission for the Accreditation of Birth Centers. • Valid credit card payment. ▪ The AMU may make up to 2 monthly payments by one of the alternate forms of payment listed above, without incurring an additional fee.