Sample Multi-ACH Letter
Below is a sample letter that you are required to send when a payer signs up for future ACH payments. As an optional service, EBS has the ability to create and send this letter for you. This letter would be printed on tri-fold sealer paper, where the top 2 thirds of the letter would be enclosed, and the bottom third would be exposed displaying the address of payer.
~datem~/~dated~/~datey~
Dear ~payor-name~,
Thank you for your recent payment arrangement. In accordance with National Automated Clearing House Association (NACHA) Operating Guidelines, Your Company Name is required to provide you, the consumer, with this written notification that confirms your verbal authorization for the Direct Debit of future ACH Payment(s).
The following transaction information reflects the ACH Payment Preferences, obtained with your verbal authorization on ~datem~/~dated~/~datey~.
| Date of ACH Debit |
Payment Amount |
Processing Fee |
Total Amount |
|
| 1. | 01/01/2007 | 100.00 | 1.00 | 101.00 |
| 2. | 02/01/2007 | 100.00 | 1.00 | 101.00 |
| 3. | 03/01/2007 | 100.00 | 1.00 | 101.00 |
| 4. | 04/01/2007 | 100.00 | 1.00 | 101.00 |
| 5. | 05/01/2007 | 100.00 | 1.00 | 101.00 |
| 6. | 06/01/2007 | 100.00 | 1.00 | 101.00 |
Your verbal authorization allows us to originate ACH debit entries from your ~batype~ account.
Should you have any questions, please feel free to contact us, Monday through Friday from 7:30 am to 8:00 pm EST, at 1-888-549-3274.
Sincerely,
Your Company Name
~signame~
~sigtitle~