Ach Debit Authorization Form Sample. Consolidated edison company of new york, inc. electronic payment authorization form via ach part a. An ACH authorization form is used by businesses and nonprofits to obtain ACH authorization from their customers or donors, letting them process ACH or direct deposit payments with consent.
The authorization form typically gives a vendor permission to automatically debit or credit funds to a customer's financial institution at an agreed upon date, amount and frequency.
A credit card authorization form is one way to protect yourself against chargebacks.
As with their paper counterpart, online authorization forms don't have a standard format or layout, but must contain several key elements (noted above). Instead of writing out a paper check or initiating a debit or credit In most cases, you'll use an online or paper form to establish ACH payments, but it might also happen over the phone. Create a high quality document online now!