You can find and download your Pre-Authorized Debit (PAD) information directly from your Operating Account in the Loop Dashboard.
Overview
PAD information is available for CAD and USD Operating Accounts only. EUR and GBP Operating Accounts cannot be direct debited. You'll need these details when setting up direct debits or authorizing payments to be withdrawn from your account.
PADs are used for local debits only and are not used for international payments. Note that the USD Operating Account is a local US account and does not support being debited via Canadian EFT.
This article shows you how to access and download your PAD details from your Loop Dashboard.
How do I find my PAD information?
1. Log in to your Loop Dashboard.
2. From the left-hand menu, select Accounts.
3. Choose your CAD or USD Operating Account.
4. See details in the top right corner of the screen.
5. Select the Local option for your domestic transfer and PAD details (EFT or ACH).
6. Download the PDF to securely share your account details when needed.
Notes
PAD details are only available once your Operating Account is active.
PAD information is available for CAD and USD Operating Accounts only.
You can download and store the PDF safely for record-keeping or to share with verified partners.
FAQs
What is PAD information used for?
PAD details are used to authorize another business or institution to debit funds directly from your Loop account. PADs are for local debits only and aren't used for international payments.
Is my PAD PDF secure to share?
Yes, but only share it with trusted and verified payment partners.