Checklist and model Payor’s PAD Agreements
The following table is based on the documents provided by the Payments Canada.
Fixed interval PADs | Sporadic PADs | ||
---|---|---|---|
Fixed amount | Variable amount | Fixed or variable amount | |
Payor’s PAD Agreement | Always mandatory | ||
Written confirmation of an electronic Payor’s PAD Agreement | Mandatory
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Pre-notification before 1st PAD |
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|
Must obtain authorization before each PAD |
Autorisation avant chaque DPA | Not necessary | Not necessary |
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Pre-notification before each PAD | Not necessary |
Not necessary
|
Must obtain authorization before each PAD |
Pre-notification before next PAD If amount or date change |
|
Not necessary
|
Must obtain authorization before each PAD |
Advance notice before next PAD If name of business changes or termination of Payor’s PAD Agreement (including a collection agency) |
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Waiver | Waiver provisions may be included in a separate document or in the Payor’s PAD Agreement.If they are included in the Payor’s PAD Agreement, they must be prominent (e.g., highlighted, underlines or in bold) to ensure that the payor is aware of it. | ||
Standard model Payor’s PAD Agreement |
Model fixed interval PADs (most common): |
Model sporadic PADs: |
Model Payor's PAD Agreements
The models below meet Rule H1 requirements. They can be personalized, in Word, but mandatory provisions must be maintained. However, the approval process with AccèsD Affaires will be faster if you use the model as is.
PDF models let you include your company logo and can be filled out in electronic version.
The last model in non-modifiable PDF is modeled on the model for fixed interval PADs, but it also includes a legend illustrating the 7 mandatory elements described in Rule H1.
Model fixed interval PADs with legend: