A vendor authorization form is used for ACH (automated clearing house) payments. In other words, use this template to set up deposits for recurring payments.
How Does a Vendor ACH Authorization Form Work?
This form authorizes a business to withdraw payments from a bank account automatically. The vendor ACH outlines the payment details between a customer and a vendor for smooth bank-to-bank payments.
What’s in Our Vendor ACH Authorization Form?
We’ve included the form’s primary purpose on our vendor ACH authorization – to gain approval from the payer to permit all future debits. Aside from that, we’ve included fields to add the relevant, the amount and frequency to be debited, and a signature field.
Don’t forget that all of WPForms’ templates are fully customizable, and you can adjust this form to fit your business needs.
