Get Fillable Online Personal Pre-authorized Debit (pad) Form ...

Filling out the personal pre-authorized debit (PAD) form online is an important step for setting up automatic payments. This guide will walk you through each section of the form with clear instructions to ensure a smooth and accurate submission.

Follow the steps to complete the form effectively.

1. Click the ‘Get Form’ button to obtain the form and open it in your preferred editor.
2. In the 'Payee Information' section, enter the name of the payee, which is 'District Realty Corporation,' followed by the address details: '50 Bayswater Ave., Ottawa, ON, K1Y 2E9.' Provide the payee's telephone and fax numbers as well.
3. Next, fill out the 'Account Holder Information' section. Input your name, address, city, province, postal code, telephone number, and account number. Make sure all information is accurate.
4. In the 'Financial Institution' section, include the name and address of your financial institution. Additionally, provide the institution's telephone number, province, postal code, and fax number.
5. In the 'Account Information' section, confirm the account that the Payee is authorized to debit. Ensure to attach a specimen cheque marked 'VOID' with the completed form.
6. Read the 'Accuracy and Changes in Account Information' paragraph carefully. By signing, you certify that all provided information is accurate and agree to notify the payee of any changes.
7. Proceed to the 'Authority to Debit Account' section. Authorize the payee to draw funds from your account for the specified purpose (e.g., rental payments).
8. In the 'Frequency and Amount of Debits' section, indicate the amount and start date for the debits. You can note that annual adjustments can occur as needed.
9. Review the rights of dispute to ensure you understand your rights should any issues arise with the debits.
10. Confirm all terms regarding the cancellation of arrangements and any penalties for non-sufficient funds (NSF) payments.
11. Provide the date for signing the authorization and complete the signature section for the authorized signatory. If applicable, include the signature of the second authorized signatory.
12. After filling in all sections, save your changes. Finally, you can download, print, or share the form as needed.

Complete the personal pre-authorized debit (PAD) form successfully online to set up your automatic payments.