PAD definition
Examples of PAD in a sentence
A Payor’s PAD Agreement must be completed and signed to enroll in the PAD Plan.
This PAD may be cancelled provided notice is received five (5) business days before the next due date of the PAD.
The financial institution shall reimburse me, on behalf of the organization, for any amounts withdrawn in error, within 90 calendar days of the withdrawal for a Personal PAD and within 10 business days for a Business PAD, provided that the reimbursement is claimed for a valid reason.
A sample cancellation form, or further information on the Payor's right to cancel this PAD is available from Manulife Bank or by visiting xxx.xxxxxx.xx.
The numbers in the shaded box indicate the 7 mandatory provisions that must be included in any Payor’s PAD Agreement justifying a pre-authorized debit (PAD), in compliance with Rule H1.