The ACH Payment Form is a critical financial document used in Saudi Arabia to establish automated payment arrangements between parties within the Saudi banking system. This document is essential when setting up recurring payments, direct debits, or automated fund transfers, and must comply with the Saudi Arabian Monetary Authority (SAMA) regulations and the SARIE payment system requirements. The form captures crucial information including account holder details, bank account information, payment specifications, and explicit authorization for ACH transactions. It is designed to facilitate both business-to-business and consumer-to-business transactions while incorporating necessary security measures and data protection requirements. The form must be completed in both Arabic and English, reflecting Saudi Arabia's legal requirements for financial documentation.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Account Holder Information: Details of the account holder including full name (in English and Arabic), contact information, and identification details as per SAMA requirements
2. Bank Account Information: Complete banking details including bank name, IBAN, account number, and branch information
3. Payment Authorization: Explicit authorization for ACH debits, including purpose of payments and authorization terms
4. Payment Details: Specification of payment amount, frequency, and duration of the authorization
5. Terms and Conditions: Standard terms governing the ACH payment arrangement, cancellation rights, and processing timeframes
6. Authorization Declaration: Final declaration confirming the account holder's agreement to the ACH arrangement and accuracy of provided information
1. Multiple Account Authorization: Additional section for authorizing ACH payments from multiple accounts, used when the payer needs to specify alternative accounts
2. International Transfer Terms: Additional terms for cross-border payments, required when the beneficiary account is outside Saudi Arabia
3. Variable Payment Authorization: Special terms for variable payment amounts, used when payment amounts may fluctuate
4. Digital Authorization Consent: Additional section for electronic form submission, required when the form is completed digitally rather than in paper format
1. Schedule A - Fee Schedule: Detailed breakdown of all applicable fees and charges for ACH processing
2. Schedule B - Processing Timeline: Standard processing times and cut-off times for ACH transactions
3. Appendix 1 - Required Documentation: List of supporting documents required for ACH setup (e.g., ID copies, commercial registration)
4. Appendix 2 - Cancellation Form: Standard form for cancelling or modifying the ACH payment arrangement
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Retail
Insurance
Telecommunications
Utilities
Real Estate
Education
Healthcare
Government Services
Professional Services
Manufacturing
Distribution and Logistics
Relevant Teams
Finance
Accounts Payable
Treasury
Banking Operations
Compliance
Account Management
Payment Services
Financial Operations
Accounts Receivable
Banking Relations
Financial Control
Relevant Roles
Finance Manager
Accounts Payable Manager
Treasury Manager
Financial Controller
Banking Operations Manager
Compliance Officer
Account Manager
Payment Services Manager
Finance Director
Chief Financial Officer
Accounts Receivable Manager
Banking Relations Manager
Financial Services Coordinator
Payment Processing Specialist
Find the exact document you need
Authorization For Credit Card Use
A Saudi Arabia-compliant legal document authorizing a designated individual to use another party's credit card, following local banking regulations and Sharia law principles.
find out more
Legal Authorization Letter
A Saudi Arabian Legal Authorization Letter granting specific powers from an authorizer to an authorized representative, compliant with local legal requirements and Islamic law principles.
find out more
Visa Authorization Letter
A formal authorization document required under Saudi Arabian law that enables visa application processing, specifying travel purpose and sponsor details.
find out more
Company Authorization Letter
A formal document under Saudi Arabian law granting specific individuals authority to act on behalf of a company, requiring official authentication and compliance with local regulations.
find out more
Authorization Letter To Bank To Collect ATM Card
A formal banking document used in Saudi Arabia that authorizes a designated person to collect an ATM card on behalf of the account holder.
find out more
Authorization Letter For Claiming Financial Assistance
A Saudi Arabian legal document authorizing a representative to claim financial assistance on behalf of another person, compliant with local laws and Sharia principles.
find out more
Authorization Letter For Receiving Parcel
A Saudi Arabia-compliant authorization letter enabling a designated person to collect parcels on behalf of the authorizer.
find out more
Authorization Letter For Claiming Salary
A Saudi Arabian legal document authorizing a designated person to collect salary on behalf of an employee.
find out more
Authorization Letter To Claim Scholarship Allowance
A Saudi Arabian legal document authorizing a designated individual to collect scholarship allowance payments on behalf of a scholarship holder, compliant with Saudi law and educational regulations.
find out more
Authorization Letter To Claim Refund Money
A Saudi Arabian law-compliant authorization letter empowering a designated party to claim and collect refund money on behalf of the principal.
find out more
Authorization Letter To Pick Up Parcel
A legal document under Saudi Arabian law authorizing a designated person to collect a parcel on behalf of the intended recipient.
find out more
Authorization Letter To Use Credit Card
A Saudi Arabian law-compliant document authorizing a designated individual to use another person's credit card, meeting SAMA regulations and Islamic banking principles.
find out more
Approval Permission Letter To Conduct Research
A formal authorization document under Saudi Arabian law that grants permission to conduct specific research activities within the Kingdom, subject to defined conditions and requirements.
find out more
Authorization Agreement
A Saudi Arabian law-governed agreement that establishes and defines the authorization relationship between a principal and an agent, detailing granted powers and limitations.
find out more
Authorization Letter On My Behalf
A Saudi Arabian legal document authorizing one person to act on behalf of another, compliant with local laws and regulations.
find out more
Parental Consent Letter For Visa Application
A Saudi Arabia-compliant legal document providing parental authorization for a minor's visa application and travel abroad.
find out more
Authorization Letter To Claim Money In Bank
A formal banking document under Saudi Arabian law that authorizes a designated person to withdraw or manage funds from another person's bank account.
find out more
Authorization Letter To Claim Diploma
A legal document under Saudi Arabian law authorizing a representative to collect an academic diploma on behalf of a graduate or student.
find out more
Authorization Letter To Claim Allowance
A Saudi Arabian legal document authorizing a designated person to claim and collect allowances on behalf of the principal party, compliant with local laws and authentication requirements.
find out more
Authorization Letter For Selling Motorcycle
A Saudi Arabia-compliant authorization letter empowering a designated person to sell a motorcycle on behalf of the owner, following local traffic and Sharia law requirements.
find out more
Authorization Letter For National ID
A Saudi Arabian legal document authorizing a designated person to handle matters related to the principal's National ID (Hawiyyah), in accordance with Saudi law and regulations.
find out more
Authorization Letter For Motorcycle
A Saudi Arabian legal document authorizing a designated person to operate or manage a motorcycle on behalf of its owner, in compliance with local traffic laws.
find out more
Authorization Letter For Embassy
A Saudi Arabian legal document authorizing a representative to conduct specific embassy-related matters on behalf of an individual or organization.
find out more
Authorization Letter For Deed Of Sale
A Saudi Arabian legal document authorizing a designated agent to sell property on behalf of the owner, compliant with Sharia and local laws.
find out more
Authorization Letter For Claiming Package
A Saudi Arabian law-compliant authorization letter enabling a designated person to collect packages on behalf of the authorizing party.
find out more
Authorization Letter For Cheque
A Saudi Arabian legal document authorizing an individual or entity to handle specified cheque-related transactions on behalf of the authorizer, in compliance with Saudi banking regulations.
find out more
Authorization Letter For Burial Assistance
A legal document under Saudi Arabian law authorizing designated parties to handle burial arrangements, compliant with both civil and Islamic law requirements.
find out more
Authorization Letter Credit Card
A Saudi Arabia-compliant credit card authorization letter template for delegating credit card usage rights to specified individuals, adhering to local banking regulations and Sharia principles.
find out more
Authorization Letter Birth Certificate
A Saudi Arabian legal document authorizing a designated person to handle birth certificate-related matters on behalf of the authorizer.
find out more
Authorisation Letter For Passport Collection
A Saudi Arabian legal document authorizing a designated individual to collect a passport from the Jawazat on behalf of another person.
find out more
Authorisation Letter For Driver
A Saudi Arabian law-compliant document authorizing a designated individual to operate specified vehicle(s) on behalf of the owner or company.
find out more
ACH Payment Form
A SAMA-compliant form for setting up automated clearing house (ACH) payment arrangements in Saudi Arabia's banking system.
find out more
Official Permission Letter
A formal authorization document issued under Saudi Arabian law granting specific permissions, requiring official authentication and compliance with local administrative regulations.
find out more
Company Authorisation Letter
A Saudi Arabian legal document authorizing an individual to act on behalf of a company, specifying powers and limitations under local law.
find out more
Authorised Signatory Letter
A Saudi Arabian legal document authorizing an individual to sign documents and conduct transactions on behalf of a company.
find out more
Authorisation Letter To Collect Certificate
A Saudi Arabian legal document authorizing a designated person to collect official certificates or documents on behalf of another party, compliant with local authentication requirements.
find out more
Authorisation Letter For Bank
A Saudi Arabia-compliant banking document that formally authorizes a designated party to conduct specific banking transactions on behalf of an account holder.
find out more
Authorisation Letter For Collection
A Saudi Arabian legal document authorizing a designated person or entity to collect specific items, documents, or payments on behalf of the authorizer.
find out more
Authorization Letter To Receive Documents
A Saudi Arabian legal document authorizing a designated person or entity to collect and receive documents on behalf of the authorizer, requiring proper authentication and compliance with local laws.
find out more
Authorization Letter With Attached ID
A formal Saudi Arabian legal document delegating specific powers from an authorizer to an authorized person, with required ID verification and notarization.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)