What agreement do I make regarding disputing recurring billing with my bank for Bens Soft Pretzels?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Please complete the information below: | | | |---------------------------------------------------------------------------------------------------------------|-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | (full name) | | I authorize Ben's Soft Pretzels Franchising Corp. to charge my | | Other charges not covered above will be authorized prior to debiting. | | bank account indicated below weekly for payment of my royalties, ad funds, fundraising contributions, non-compliance fees and other chargeable occurrences as indicated by the franchise agreement. | | Billing Address | | Phone# | | City, State, Zip | | Email | | Account Type: Checking Name on Acct Bank Name Account Number Bank Routing # Bank City/State | Savings | | | SIGNATURE | | DATE | I understand that this authorization will remain in effect until I cancel it in writing, and I agree to notify Ben's Soft Pretzels Franchising Corp. in writing of any changes in my account information or termination of this authorization at least 15 days prior to the next billing date. If the above noted periodic payment dates fall on a weekend or holiday, I understand that the payment may be executed on the next business day. I understand that because this is an electronic transaction, these funds may be withdrawn from my account as soon as the above noted periodic transaction dates. In the case of an ACH Transaction being rejected for Non Sufficient Funds (NSF) I understand that Ben's Soft Pretzels Franchising Corp may at its discretion attempt to process the charge again within 30 days, and agree to an additional $100 charge for each attempt returned
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels FDD, as a franchisee, you agree not to dispute recurring billing charges with your bank if the transactions correspond to the terms outlined in the ACH Recurring Payment Authorization form. This form allows Bens Soft Pretzels to automatically deduct payments from your checking or savings account for royalties, ad funds, fundraising contributions, non-compliance fees, and other chargeable occurrences as indicated by the franchise agreement.
The ACH Recurring Payment Authorization form outlines the convenience of recurring payments, ensuring payments are on time and eliminating late charges. You will receive an email receipt for each payment, and the charge will appear on your bank statement as an "ACH Debit." Bens Soft Pretzels will notify you at least 10 days in advance if the date or amount of the payment changes.
However, if an ACH transaction is rejected due to Non-Sufficient Funds (NSF), Bens Soft Pretzels may attempt to process the charge again within 30 days. In this case, you agree to pay an additional $100 charge for each NSF attempt, which will be initiated as a separate transaction from the authorized recurring payment. It is important to note that you must notify Bens Soft Pretzels Franchising Corp. in writing at least 15 days prior to the next billing date if there are any changes to your account information or if you wish to terminate the authorization.