ELECTRONIC FUNDS TRANSFER (EFT / PRE-AUTHORIZED DEBIT)

BANK ACCOUNT CHANGE

  • This field is for validation purposes and should be left unchanged.


  • Please note that in order for this change to occur, this request must be sent through the website before the 20th of the month prior to the next pre-authorized debit withdrawal.

    The only exception to this is that for your EFT request to be effective January 1st, you must submit your form by December 15th.


    If you own multiple units, please submit one form per unit.

    If you own a unit in a Sectioned building, you must submit a separate form for each section (e.g., one form for Strata section and one form for the other section (please specify)).


    Thank you for choosing to sign up for our pre-authorized debit account change through our website. Please fill in all of the fields below in order to successfully sign up for this service.



    For any questions or inquiries, please contact:

    AWM-Alliance Real Estate Group Ltd.
    958 West 8th Avenue, Vancouver, BC, V5Z 1E5
    604-685-3227


  • PERSONAL INFORMATION

  • ELECTRONIC FORM

  • Please Note: The owner's email provided must match the email on file in our records. If it does not match, the request will be rejected and must be resubmitted, which may delay the effective date of your EFT setup.


  • If your submission date falls after the 20th day of the month, your EFT Effective Date will be set to the 1st day of the second month following your submission date. (Example: A submission made on January 21 will be effective March 1.) *For the month of December, you must submit your form by December 15th.

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    Accepted file types: jpg, gif, png, pdf, zip, jpeg, Max. file size: 8 MB, Max. files: 3.
      We are accepting the following file types: jpg, gif, png, pdf, jpeg.

      The maximum file size allowed is 8MB.

      *Please do not include Apostrophe (') in the file name as this will not allow your file to upload.

      If you are having difficulties attaching your file, please consider attaching it by:
      - Converting the file into a different format. (if it is an image file like .jpg or .png, convert it into a .pdf format. If it is a .pdf file, convert it into an image format: .jpg or .png)
      - Screen-capturing your file (and re-save).



    • For compliance and verification purposes, the bank account holder’s name must match the name of the owner’s name in our records. If the name(s) on the bank account differs from the owner’s name in our records, please complete the information below. All information must be completed in full and the terms and conditions must be accepted.





    • 1. Participation and Right to Refuse or Terminate
      By enrolling in the EFT plan administered by AWM-Alliance Real Estate Group Ltd. (“AWM”), I/we agree to be bound by these Terms and Conditions. AWM reserves the right, in its sole discretion, to reject any application or to suspend or terminate the EFT service at any time.

      2. Authority and Indemnification
      I/we represent and warrant that all individuals whose authorization is required for the bank account provided have given their full and valid consent to this EFT Agreement. In the event of any dispute regarding such authorization, I/we agree to cooperate fully and accept responsibility for any claims, errors, omissions, or withdrawals of consent relating to the account. I/we agree to indemnify and hold harmless AWM-Alliance Real Estate Group Ltd. from and against any claims, losses, damages, or expenses arising from unauthorized or invalid account authorization. If any authorization is determined to be invalid, fraudulent, or obtained without proper consent, AWM may report the matter to the appropriate authorities and may disclose relevant information, including personal information and account records, as required by law.

      3. Authorization to Debit Account
      This EFT authorization is provided for the benefit of AWM and the financial institution processing the payments. It is given in consideration of the processing institution agreeing to debit my/our bank account in accordance with the rules of Payments Canada (formerly the Canadian Payments Association).

      4. Monthly Debit Authorization
      I/We hereby authorize AWM-ALLIANCE REAL ESTATE GROUP LTD. and its processing institution to debit my/our bank account on the 1st day of each month:
      o All recurring monthly strata fees and/or charges (e.g. parking and lockers, etc.); and/or
      o Any one-time retroactive strata fees/charges adjustments; and/or
      o Any one-time sporadic debit of any kind (e.g. a “catch-up” payment on previous outstanding strata fees for 1st time EFT enrolment, NSF administration fee, etc.) as authorized by me/us.
      I/We understand that the amount of strata fees may be increased or decreased based on the approved budget as adopted by my/our strata corporation. I/We agree to waive the requirements for pre-notification, including, without limitation, pre-notification of any changes in the amount of the EFT due to a change in strata fees, charges, or adjustments.

      5. Delivery of Authorization
      Delivery of this authorization to AWM constitutes delivery by me/us to the financial institution processing the EFT transactions.

      6. Cancellation or Changes
      This authorization remains in effect until AWM receives written notice of cancellation or change from me/us. Written notice must be received at AWM’s office no later than the 20th day of the month in order to take effect for the following month’s withdrawal. I/we may obtain additional information regarding my/our right to cancel this EFT Agreement by contacting AWM’s office or visiting its website.

      7. Changes to Banking Information
      I/we agree to notify AWM immediately, in writing, of any changes to the banking information provided in this authorization, including account closure or replacement.

      8. Non-Sufficient Funds (NSF) and Returned Payments
      I/we understand that an NSF or administration fee will be charged if an EFT is returned due to insufficient funds, account closure, account freeze, or any similar reason. It is my/our responsibility to ensure sufficient funds are available in the account on the withdrawal date.

      9. Collection, Use, and Disclosure of Personal Information
      I/we acknowledge that the personal information provided in connection with this EFT Agreement is collected for the purposes of:
      o Identifying and communicating with me/us;
      o Processing payments;
      o Managing the Strata Corporation or property; and
      o Complying with legal and regulatory requirements.
      I/we authorize the Strata Corporation and/or property managed by AWM to collect, use, and disclose my/our personal information for these purposes in accordance with applicable privacy legislation.


      Acknowledgement and Agreement