A cancellation notice is a formal document used to stop pre-authorized debit (PAD) payments between a payor and a payee. It confirms the account number, debit amount, and effective cancellation date. Stopping a PAD does not cancel other financial obligations the payor may have to the payee.
Send the completed form to your payee at least 3 business days before the next payment date. Acceptable delivery methods include registered mail, email, and fax, as outlined in your PAD agreement. Keep a signed copy for your personal records after submission.
The form must include the full names of the payor and payee, the bank account number, the exact debit amount being stopped, and the date from which the cancellation takes effect. All authorized signatories on the account must sign the document when the PAD agreement requires it.
Depending on your situation, you may also need an ACH debit authorization form to set up a new payment, an ACH stop payment form for an immediate bank block, or a cancellation of auto debit letter as a written record.
| Question | Answer |
|---|---|
| Form Name | Cancellation Notice Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | www cdnpay ca cancel, get the cdnpay ca cancellation form, pad cancellation form, cdnpay ca cancellation form |