Personal PAD definition
Examples of Personal PAD in a sentence
Each PAD Authorization has been executed by persons with signing authority in respect of the account at a Canadian financial institution that is the subject of such PAD Authorization and any such PAD Authorization is a Business PAD and not a Personal 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The financial institution shall reimburse me, on behalf of the organization, for any amounts withdrawn in error, within 90 calendar days of the withdrawal for a Personal PAD and within 10 business days for a Business PAD, provided that the reimbursement is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.
In order to be reimbursed, I/we acknowledge that a declaration to my/our financial institution to the effect that either (i) or (ii) took place, must be completed and presented to the branch of the financial Institution holding my/our account up to and including 90 calendar days in the case of a Personal PAD (or up to and including 10 business days in the case of a Business PAD), after the date on which the PAD in dispute was posted to my/our Account.
To obtain more information on whether my PAD is a "Personal PAD" or a "Business PAD", I/We may contact my/our financial institution or visit ▇▇▇.▇▇▇▇▇▇▇▇.▇▇.
I/We acknowledge that a claim on the basis that my/our authorization was revoked, or any other reason, is a matter to be resolved solely between you and me/us when disputing any PAD after 90 calendar days in the case of a Personal PAD or after 10 business days in the case of a Business PAD.
You acknowledge that this is a Personal PAD drawn for the payment of goods or services related to your personal, household or consumer activity.
Amount of Payment (CDN$) Payment Type (choose one) Personal PAD Business PAD I/We acknowledge that this agreement is provided for the benefit of HUB Financial Inc.
Please read the terms and conditions of the Personal PAD AGREEMENT before signing and dating this form.
The financial institution shall reimburse me on behalf of the organization, for any amounts withdrawn in error, within 90 calendar days of the withdrawal for a Personal PAD and within 10 business days for a Business PAD, provided that the reimbursement is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.
Agreements before the due date of the first Personal PAD, and such notice shall be received every time there is a change in the amount or payment date(s).