Get Vancity Pre Authorized Debit Form

Filling out the Vancity Pre Authorized Debit Form online is a straightforward process that allows users to authorize automatic payments for their Vancity/Citizens Bank VISA card. This guide provides step-by-step instructions to ensure you complete the form accurately and efficiently.

Follow the steps to complete the form correctly.

1. Click ‘Get Form’ button to access the Vancity Pre Authorized Debit Form and open it in your preferred document editor.
2. Begin by filling out the 'Scope' section, acknowledging that the authorization benefits both Vancity/Citizens Bank VISA and your other financial institution. Specify your other account details, ensuring you do not include another credit facility.
3. In the 'Authorization' section, authorize Vancity/Citizens Bank VISA to withdraw funds from your specified account to cover the minimum monthly payments. Attach a void cheque here for clarity.
4. Proceed to the 'Signatures' section. Ensure that everyone required to sign from your other financial institution has done so.
5. For the 'Changes in account information' section, commit to informing Vancity/Citizens Bank VISA about any changes to your account details at least ten business days before your due date.
6. Confirm 'Payor account eligibility' by understanding that automatic payments can only be made from an eligible Canadian financial institution in Canadian funds.
7. In the 'Cancellation of agreement' section, recognize that you may revoke your authorization at any time with proper notice.
8. Familiarize yourself with the 'Disputes' section and note the conditions under which you can dispute an automatic payment.
9. Review the 'Dishonored or non-sufficient funds' section to understand the consequences of fund return issues, which may incur charges.
10. Acknowledge 'Responsibility' by confirming that Vancity/Citizens Bank VISA is not required to verify payments made in accordance with this agreement.
11. Review 'Indemnity', agreeing to hold Vancity/Citizens Bank VISA harmless against all related claims or losses.
12. In the 'Disclosure of information consent' section, consent to the disclosure of your personal information as required for processing payments.
13. Understand the 'Effective date' of your automatic payments, which will start from the next statement due date post-processing of the authorization.
14. Waive the requirement for pre-notification of variable monthly minimum payments as stated in the 'Waiver of Pre-Notification' section.
15. Finally, attach your voided cheque as instructed, fill in the financial institution information, and review your details for accuracy.
16. Once completed, you can save changes, download, print, or share the form as needed.

Complete your Vancity Pre Authorized Debit Form online today to streamline your payments!