How will recurring payments from Bens Soft Pretzels appear on my bank statement?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
You authorize regularly scheduled charges to your checking or savings account. You will be charged the amount indicated below each billing period. A receipt for each payment will be emailed to you and the charge will appear on your bank statement as an "ACH Debit." You agree that no prior-notification will be provided unless the date or amount changes, in which case you will receive notice from us at least 10 days prior to the payment being collected.
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels Franchise Disclosure Document, recurring payments that you authorize will appear on your bank statement as "ACH Debit." This applies when you authorize regularly scheduled charges to your checking or savings account for the amount indicated for each billing period. Bens Soft Pretzels will also email you a receipt for each payment.
Bens Soft Pretzels states that you will not receive prior notification of these charges unless the date or amount changes. If there are changes to the payment date or amount, you will receive notice from Bens Soft Pretzels at least 10 days before the payment is collected.
This type of payment system is designed to make payments more convenient and ensure they are always on time, which helps franchisees avoid late charges. Franchisees should ensure they understand all charges and billing periods to reconcile them with their bank statements and the receipts provided by Bens Soft Pretzels.