Preauthorized Debit definition

Preauthorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with Your written request.

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Preauthorized Debit means a Transaction debiting an account that is processed electronically by a financial institution in accordance with the Depositor’s written request.

Preauthorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with the Customer’s written request.

Examples of Preauthorized Debit in a sentence

• The User agrees to execute a Pre-authorized Debit Agreement for Property Online usage and subscription fees.

• To obtain a sample cancellation form, or further information on my right to cancel a Pre-authorized Debit (“PAD”) Agreement, I may contact my financial institution or visit ▇▇▇.▇▇▇▇▇▇▇▇.▇▇.

• You agree to the terms and conditions set forth in the Pre-authorized Debit Agreement, that the information provided by you therein is complete and correct and you agree to complete and execute any other document requested by us for such purpose, in form and substance satisfactory to us.

• Your current and authorized credit card information appears on your Customer account profile with Quadro and your current authorized bank account information is on your Preauthorized Debit Authorization form.

• Subscriber may pay its billing statement (“Statement(s)”) by check, wire, or Electronic Funds Transfer (“EFT”), either by authorizing MSTS to automatically deduct funds from its designated bank account, through a Preauthorized Debit Agreement between the parties or by submitting funds to MSTS via a Subscriber-initiated EFT Agreement.

• IRA Trustee Transfer Fee $50.00 Legal Attachments/Garnishes/Levies $75.00 Overdraft Fee $35.00 Returned Deposited Item (RDI) $7.16 Returned Mail Fee $10.00 Return of Preauthorized Debit (Return Item Fee) $35.00 Stop Payment (Stop Pay Charge) $35.00 1Reduced fees may apply for account holders age 18 or under and account holders age 65 or over.

• Please attach a personalized cheque marked VOID or a Pre-authorized Debit Form completed by your financial institution.

• Pre-authorized Debit allows the City to use the Automated Clearing House (ACH) to transfer funds electronically from your customers’ account to yours.

• If a pre-authorized payment is dishonoured by your bank for any reason, a service fee for the dishonoured payment will be applied to your account and you may be removed from the Pre-authorized Debit (PAD) Plan.

• Once the account is paid in full, you can reapply to the Pre-authorized Debit (PAD) Plan by submitting a new Pre-authorized Debit (PAD) Agreement.

More Definitions of Preauthorized Debit

Preauthorized Debit means that the payment of principal and interest on the Bonds is electronically deducted from the bank account of the Issuer, which bank account shall be designated by the Issuer in writing to the Government prior to the issuance of the Bonds.

Preauthorized Debit means a Transaction debiting the Account that is processed electronically by the Credit Union in accordance with the Member’s request. Partner Organization means any person, firm, corporation, association, organization or entity other than the Credit Union that is providing products or services in conjunction with the Credit Union.

Preauthorized Debit means a Transaction debiting the Account that is processed electronically by a financial institution in accordance with the Member’s instructions to a Third Party to debit the Account under Canadian Payments Association Rules.