PAD Authorization - RBC Royal Bank
|(09/2013)
CORPORATE CREDITOR BILL PAYMENT SERVICE
BILLER AUTHORIZATION FOR BUSINESS PRE-AUTHORIZED DEBITS
FOR SERVICE CHARGES
| |
| |Date: |
| |(dd/mm/yyyy) |
|Company (“Biller”) Name and Address |
|Biller Name | |
|Address Line 1 | |
|Address Line 2 | |
|City | |Province | |Postal Code | |Phone No. | |
|Billing Statement Delivery Option | | |
|(select only one) |Fax |Email |
| |Fax No. |Email Address |
| |(Fax No. must be completed if fax delivery |(Email address must be completed if email |
| |option is selected) |delivery option is selected) |
|Name and Address of Biller’s Financial Institution (the “Processing Member”) |
|Financial Institution Name: |
|Address Line 1 | |
|Address Line 2 | |
|City | |Province | |Phone No. | |
|Transit | |Financial Institution No. | |Account No. | |
|We have attached a specimen cheque marked “VOID” to this Biller authorization (the “Authorization”). |
|We hereby undertake to inform Royal Bank of Canada (“RBC”), in writing, or by fax, of any change in the information provided in this section at least thirty (30) |
|business days prior to the next due date of the Pre-Authorized Debit, as defined in Canadian Payment Association (“CPA”) Rule H1 (“PAD”). |
| |
|The mailing address for correspondence with RBC: |
| |
|RBC Royal Bank |
|Corporate Creditor Service Enrolment Group |
|180 Wellington Street West, 5th floor |
|Toronto, Ontario, Canada M5J 1J1 |
|Transit: 13006 |
|FAX: (416) 974-5287 |
|We acknowledge that the Authorization is provided for the benefit of RBC and the Processing Member and is provided in consideration of the Processing Member |
|agreeing to process debits against our account referred to above in section 1 (the “Account”) in accordance with the Rules of the Canadian Payments Association. |
| |
|We warrant that all persons whose signatures are required to authorize withdrawals from the Account have signed this Authorization and that all such persons have |
|authority to enter into this Authorization and to bind the Biller. |
| |
|We hereby authorize RBC to issue PADs drawn on the Account, to collect all fees payable pursuant to the terms of the Corporate Creditor Bill Payment Service |
|Agreement agreed to by the Biller. |
| |
|We may revoke this Authorization at any time upon providing written or faxed notice to RBC within 30 days before the next PAD was to be issued. To obtain a sample |
|cancellation form, or for more information on our right to cancel a PAD Agreement, we may contact the Processing Member or visit cdnpay.ca. |
| |
|Cancelling the Authorization does not affect obligations between Biller and RBC under any broader contact for goods or services. |
| |
|We acknowledge and agree that providing and delivering this Authorization to RBC constitutes delivery by us to the Processing Member. |
| |
|As the payment amount is variable we waive any requirement that RBC give pre-notification of any payment amount. The Payor (Biller) and Payee (RBC) may mutually |
|agree to reduce or waive the pre-notification requirement. |
| |
|RBC may issue a PAD monthly. |
| |
|We acknowledge that the Processing Member is not required to verify that a PAD has been issued in accordance with the particulars of this Authorization including, |
|but not limited to, the amount, or that any purpose of payment for which the PAD was issued has been fulfilled by RBC as a condition to honouring a PAD issued or |
|caused to be issued by RBC on the Account. |
| |
|We acknowledge and agree that a PAD may be disputed only if: |
| |(i) |the PAD was not drawn in accordance with this Authorization; |
| |(ii) |this Authorization was revoked in accordance with section 7 above. |
| | We acknowledge and agree that in order to be reimbursed a declaration to the effect that either (i) or (ii) took place, must be completed and presented to |
| |the branch of the Processing Member holding the Account up to and including 10 business days after the date on which the PAD in dispute was posted to the |
| |Account. In the event that such declaration is not provided within the time period described herein the dispute shall be resolved solely between us and RBC |
| |outside of the payments system. |
| |We have certain recourse rights if any debit does not comply with the terms of this Authorization. For example, we have the right to receive reimbursement for |
| |any debit that is not authorized or is not consistent with this Authorization. To obtain more information on our recourse rights, we may contact the Processing|
| |Member or visit cdnpay.ca. |
| |
|Any term not otherwise defined herein and which appears in the “definition” section of CPA Rule H1 shall have the meaning ascribed to it therein. |
|We hereby acknowledge and agree to the terms of this Authorization and consent to the disclosure of any personal information contained herein to the Processing |
|Member to the extent necessary for the proper application of CPA Rule H1. |
| |
|Biller Name: | |
| | |
|Authorized Signature: ________________________________________ |Date: |
| |(dd/mm/yyyy) |
|Print Name and Title: |
| | |
| | |
|Authorized Signature: ________________________________________ |Date: |
| |(dd/mm/yyyy) |
|Print Name and Title: |
I / We have the authority to bind the Corporation.
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- appendix 2 3 routing identifier codes
- electronic funds transfer eft request form
- virtual banking weebly
- congratulations new lyoness member my cash back home
- secure wireless aggregation across pdas and web
- pad authorization rbc royal bank
- klein central operations bankers online
- introduction south indian bank
Related searches
- royal bank mortgage payment calculator
- royal bank mortgage calculator canada
- royal bank of canada mortgage rates
- royal bank loan calculator
- royal bank line of credit
- free bank ach authorization forms
- elan royal bank credit card
- rbc bank mortgage rate
- royal bank visa card
- royal bank mortgage
- chase bank ach authorization form
- chase bank authorization form