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Get Sunadvantage Pre-authorized Debit (pad) Agreement Category Business
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How to fill out the SunAdvantage Pre-authorized Debit (PAD) Agreement Category Business online
The SunAdvantage Pre-authorized Debit (PAD) Agreement for businesses facilitates direct withdrawals for monthly premiums. This guide provides clear instructions for completing the agreement effectively and accurately.
Follow the steps to fill out the PAD agreement with ease.
- Press the ‘Get Form’ button to access the PAD Agreement and open it in your chosen editor.
- Enter the client information by providing the policy number, subdivision number, street address, province, postal code, and city. Ensure all details are accurate to avoid any processing delays.
- Complete the bank account information section by including the name of the financial institution, transit number, institution number, and account number. It is mandatory to attach a blank cheque marked 'VOID'.
- In the authority to debit account section, confirm that all required signatories have signed the form. Clearly indicate the company name on the cheque and add the signatures of account holder(s) along with the date.
- Review all filled sections carefully for accuracy. Once confirmed, you can save your changes, download the completed document, or print it for submission.
- Send the completed form to SunAdvantage Client Services at the specified address or via fax. If you have questions, contact the Client Service Administrator for assistance.
Complete your SunAdvantage Pre-authorized Debit Agreement online today!
Depending on your processor, Pre-Authorized Debits can take anywhere from 1-4 business days from the process date. It may seem like a while, but the settlement delay ensures that the funds are actually cleared before arriving in the account.