Form 0256E Authorization for Pre-authorized Debit Plan (Pad) - Ontario, Canada

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Form 0256E Authorization for Pre-authorized Debit Plan (Pad) - Ontario, Canada

Form 0256E Authorization for Pre-authorized Debit Plan (Pad) in Ontario, Canada is used to authorize pre-authorized debits for various purposes, such as bill payments, subscriptions, or recurring payments, by providing consent to the payee to withdraw funds from your bank account.

The Form 0256E Authorization for Pre-authorized Debit Plan (Pad) in Ontario, Canada is typically filed by the individual or organization that wishes to set up a pre-authorized debit plan.

FAQ

Q: What is Form 0256E?
A: Form 0256E is the Authorization for Pre-authorized Debit Plan (PAD) for residents of Ontario, Canada.

Q: What is a Pre-authorized Debit Plan (PAD)?
A: A Pre-authorized Debit Plan (PAD) is an agreement between a payer (you) and a payee (the company or organization) that allows the payee to withdraw funds directly from your bank account.

Q: Who can use Form 0256E?
A: Form 0256E can be used by residents of Ontario, Canada who wish to authorize a pre-authorized debit from their bank account.

Q: What information is required on Form 0256E?
A: Form 0256E requires you to provide your name, address, bank account information, and the amount and frequency of the pre-authorized debit.

Q: Can I cancel a Pre-authorized Debit Plan?
A: Yes, you can cancel a Pre-authorized Debit Plan by contacting your bank and the company or organization that initiated the pre-authorized debit.

Q: Is there a fee for using Form 0256E?
A: There is no fee for using Form 0256E.

Q: Is Form 0256E only applicable in Ontario?
A: Yes, Form 0256E is specifically for residents of Ontario, Canada.

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