What documentation is the Amorino franchisee required to provide for electronic fund transfers?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
You shall maintain one operating account to make all payments required by this Agreement, and shall participate in Amorino's then-current electronic funds transfer program authorizing Amorino to use a pre-authorized bank draft system for the operating account.
You agree to: (a) make sufficient funds available in the operating account no later than the Due Date for any required payments; and (b) perform such acts and sign and deliver such documents as are necessary to accomplish payment to Amorino by electronic funds transfer, including signing and delivering appropriate pre-authorized draft forms designated by Amorino as necessary to initiate debit and/or credit the operating account.
You acknowledge that notwithstanding the provisions of this Section 6, we have the right, in our sole discretion, to require you to pay any amounts owed to us under this Agreement by another
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, franchisees are required to participate in Amorino's electronic funds transfer program. As part of this program, the franchisee must authorize Amorino to use a pre-authorized bank draft system for their operating account.
To facilitate this, the franchisee must make sufficient funds available in the operating account by the specified due date for any required payments. More specifically, the franchisee is obligated to perform all necessary actions, including signing and delivering the appropriate pre-authorized draft forms that Amorino designates. These forms are necessary to initiate debits and/or credits to the franchisee's operating account.
Furthermore, the FDD states that a signed electronic funds transfer authorization described in Section 6.M must be provided no later than the Site Selection Date. While Amorino typically uses electronic fund transfers, they retain the right to request payment via another method at their discretion, requiring franchisees to comply with any alternative payment instructions specified in writing or in the Manual.