Common Contracts
1 similar Credit Authorization Agreement contracts
Direct Debit & Credit Authorization AgreementCredit Authorization Agreement • February 13th, 2019
TYPE OF DEBIT AUTHORIZED EFFECTIVE DATE TYPICAL TIMELINE FOR DEBITS FSA Payments & Deposit 07/01/2022 1 business day following posted report HRA Payments & Deposit 07/01/2022 1 business day following reimbursements Commuter Payments 07/01/2022 23rd day of the month HSA Contributions* Within 2 business days after submission COBRA Remittance/Subsidy** Within 2 business days from report/invoice Administrative Fees (monthly invoicing) 5 business days following the invoice date *Before HSA contribution debits can be initiated, a pre-note in the amount of $1.00 will be charged to verify your account. **A voided check or verification of Account and Routing Numbers on bank letterhead is required for COBRA Remittance/Subsidy
