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A PAD is an agreement between a customer and a biller. When you enter into a PAD agreement with a biller, you give that organization permission to withdraw money from your bank account on a regular basis.
Pre-authorized debits guide. Pre-authorized debits (PADs) are a convenient way to pay bills and make payments automatically. Instead of waiting for its customer to send a payment, a company or financial institution is given permission to debit a customers bank account when the payment is due.
Pre-authorized debits guide. Pre-authorized debits (PADs) are a convenient way to pay bills and make payments automatically. Instead of waiting for its customer to send a payment, a company or financial institution is given permission to debit a customers bank account when the payment is due.
A Pre Authorized Debit (PAD) form is an agreement that outlines payment terms between you and your customers for pre authorized bank payments.
To view or print a pre-authorized payment form: From your Accounts page, select your chequing account. Select Direct Deposits Payments. Go to Automatic Payments and select View/Print.
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Call or visit the website of the company you wish to set up a Pre-Authorized Debit (PAD) with to obtain a PAD Agreement and use your account information when completing the Agreement.
Call or visit the website of the company you wish to set up a Pre-Authorized Debit (PAD) with to obtain a PAD Agreement and use your account information when completing the Agreement.
A Direct Deposit is when money is automatically deposited into your Advance Savings account on a regular basis. A Pre-authorized Payments is an automatic withdrawal from your Advance Savings account that is set up to pay bills or rent on a regular basis.

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