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Get Pre Authorized Debit
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How to fill out the Pre Authorized Debit online
Completing a Pre Authorized Debit (PAD) agreement online can streamline your payment process for residential rent. This guide provides clear, step-by-step instructions to help you fill out the form accurately and efficiently.
Follow the steps to complete your Pre Authorized Debit agreement.
- Press the ‘Get Form’ button to obtain the Pre Authorized Debit agreement and open it for completion.
- Enter your customer information in the designated fields. Provide your name, street address, city, province, postal code, and telephone number. Ensure all details are printed clearly.
- Fill out your bank account information accurately. Include your account number, branch transit number, bank number, and specify whether it is a chequing or savings account. Additionally, provide the name and branch address of your bank.
- In the Pre Authorized Debit (PAD) details section, indicate the monthly amount to be debited for rent payment. This should be a clear numerical figure entered in the provided space.
- Sign the form as the account holder. If there is a joint account holder, ensure they also provide their signature and printed name in the designated areas.
- Include the date next to each signature to confirm when the agreement was completed.
- Attach a void cheque for the bank account that will be debited. This ensures that the banking details are correct.
- Once you have filled out all sections of the form, save your changes. You may then download, print, or share the completed form as needed.
Complete your Pre Authorized Debit form online today to streamline your rent payment process.
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 customer's bank account when the payment is due.
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