What is the purpose of the recurring payments authorized to Bens Soft Pretzels?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
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 I understand that because this is an electronic transaction, these funds may be withdrawn from my account as soon as the above noted periodic transaction dates.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 NSF which will be initiated as a separate transaction from the authorized recurring payment. I acknowledge that the origination of ACH transactions to my account must comply with the provisions of U.S. law. I agree not to dispute this recurring billing with my bank so long as the transactions correspond to the terms indicated in this authorization form.
ACH Recurring Payment Authorization Form
Schedule your payment to be automatically deducted from your checking or savings account. Just complete and sign this form to get started!
Recurring Payments Will Make Your Life Easier:
- It's convenient (saving you time and postage)
- Your payment is always on time (even if you're out of town), eliminating late charges
Here's How Recurring Payments Work:
You authorize regularly scheduled charges to your checking or savings account. You will be ch
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels Franchise Disclosure Document, the ACH Recurring Payment Authorization Form allows franchisees to schedule payments to be automatically deducted from their checking or savings account. This system is presented as a convenient way to ensure payments are made on time, avoiding late charges, even when the franchisee is out of town. Franchisees authorize regularly scheduled charges, and the amount charged corresponds to the amount indicated for each billing period.
The FDD states that a receipt for each payment will be emailed to the franchisee, and the charge will appear on the bank statement as an "ACH Debit." Franchisees will receive notification at least 10 days prior to the payment being collected if the date or amount changes.
The document also outlines the terms for Non-Sufficient Funds (NSF) situations. If an ACH transaction is rejected due to NSF, Bens Soft Pretzels may attempt to process the charge again within 30 days. Additionally, the franchisee agrees to pay an additional $100 charge for each NSF attempt, initiated as a separate transaction from the authorized recurring payment. The franchisee agrees not to dispute the recurring billing with their bank as long as the transactions align with the authorization form's terms. Franchisees must notify Bens Soft Pretzels Franchising Corp. in writing at least 15 days before the next billing date to cancel the authorization or report any changes to their account information.