(Personal and Business PADs) LETTER OF …

← Back to document page

FORM 11160 (08/2008)page1of 3(FOR bank USE ONLY)CM DEBITS SERVICE (Personal and Business pads ) LETTER OF UNDERTAKINGTo:Royal bank of Canada ( RBC )The undersigned ( Customer ) requests that RBC provide its Pre-Authorized Debits Service (the Service ),which consists of the processing of pre-authorized debits (PAD s) by RBC on behalf of Customer, drawn onspecified payors ( Payors ) for credit to my/our Account Number: _____________Branch consideration of RBC agreeing to actas Customer s Sponsoring Clearing bank Member by collectingpersonal or Business pads issued by Customer, Customer agrees that the Service will be conducted inaccordance with RBC s rules and any Regulatory or Clearing Association regulations, supplementedoramended from time to time.

FORM 11160 (08/2008) page 1 of 3 (FOR BANK USE ONLY) CM No. PRE-AUTHORIZED DEBITS SERVICE (Personal and Business PADs) LETTER OF UNDERTAKING To: Royal Bank of Canada (“RBC”)

  Business, Bank, Personal, Letter, Undertaking, Pads, Letter of, Letter of undertaking, Personal and business pads