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Account Debit, Repetitive Authorization

Debiting accounts has become a quick way to transfer funds to pay obligations and can bring advantages to both parties. Be sure the signer is an authorized signer of the account being debited. You are advised to use the same Account Debit, Repetitive Authorization form, signed by the same person, to expedite this at your Bank. After they get to know you, the Bank will often accept a faxed notice versus a hand delivered one. You do not need a witness since you do not need one for a normal bank check.

If you establish a regular and repetitive debit authorization system, your payee may grand you an additional discount. Consider taking advantage of it and, at a minimum, inquire to see if you can negotiate such a discount in return for this highly predictable and regular payment method.

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1. Instructions & Checklist;
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3. Account Debit, Repetitive Authorization fill-in-the-blank form.

$4.95

Other Forms You May Need:

	Account Debit, One-Time Authorization
	Letter of Credit
	Authorization and Indemnity Letter of Credit

$4.95

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Other Forms You May Need:

	Account Debit, One-Time Authorization
	Letter of Credit
	Authorization and Indemnity Letter of Credit

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