Automatic Payment definition

Automatic Payment is a payment scheduled for a set amount at regular intervals. For example, you can schedule a payment on the first of each month to pay your mortgage or rent.

Automatic Payment means a periodic payment, Direct Debit or quick debit.

Automatic Payment frequently means the payers bank writes a cheque and sends it to the payee

Examples of Automatic Payment in a sentence

• To enroll in the Automatic Payment Option (APO), you will need to mail us a completed authorization form with a voided check attached to it.

• If needed, a new EFT Automatic Payment Authorization form can be submitted using Agent Form 1.

• Option 2: Automatic Payment Option (APO) Instead of paying by check, you can have your Part D late enrollment penalty automatically withdrawn from your bank account.

• To enroll in the Automatic Payment Option (APO):• Go to www.fhcpmedicare.com and select the Member Portal link in the tool bar at the top of the page.• Once in the member portal, click on the "Pay my bill" link in either the My Quick Links or My Resources sections at the top of the page.

• For those who do not sign up for automatic bank withdrawals at the time of application, an Automatic Payment Authorization form will be included in their Plan Documents.When an insured member is enrolled through the AARP Medicare Supplement Online Enrollment tool within LEAN, they now have the option to receive their Plan Documents electronically.

More Definitions of Automatic Payment

Automatic Payment means a payment instruction based on the principle of a traditional direct debit in which the User retains full control over the activation, suspension, withdrawal date and maximum amount of his direct debit per customer relationship to the Client.

Automatic Payment means the payment of One Hundred Dollars ($100.00) to each Class Member as provided for in Section 12.1 below.

Automatic Payment means a pre - authorized Payment initiated by the Service in accordance with any applicable Payment Parameters and on a predetermined schedule based on information supplied for the Obligation Account.

Automatic Payment. Is a regular automatic payment that the Buyer can set up using their debit or credit card.

Automatic Payment means an authorised withdrawal of money from your Account to the Association that is set up, for example, to pay for regular rental payments and membership renewals, as well as for scheduled donations and pledges.

Automatic Payment means the payment required pursuant to an Automatic Extension.

Automatic Payment regularly recurring future dated payments for the monthly installment due on an automatic basis. Auto Finance Account: Your auto finance accounts that you have established with us.