How does one terminate the ACH authorization for a Brain Balance franchise?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
This authorization is to remain in full force and effect until COMPANY has received written notification from me (or either of us) of its termination in such time and in such manner as to afford COMPANY and DEPOSITORY reasonable opportunity to act on it.
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, to terminate the ACH (Automated Clearing House) authorization, a franchisee must provide written notification to BB Franchising LLC. This notification needs to be delivered in a timeframe and manner that allows both Brain Balance and the DEPOSITORY (financial institution) a reasonable opportunity to act on the termination request. This ensures that the cancellation is processed smoothly and that no further debits are made after the authorization is terminated.
This requirement protects both the franchisee and Brain Balance by providing a clear process for ending the automatic payment arrangement. The need for 'reasonable opportunity' acknowledges that immediate termination may not be possible due to processing times at the bank.
It is important for a prospective Brain Balance franchisee to understand this process to maintain control over their payments to the franchisor and to avoid any unintended charges after they decide to terminate the ACH authorization. Franchisees should keep a record of their written notification to ensure proper documentation of their request.