What is a recurring payment?
A recurring payment is one of the options within the Pre-Authorized Payment Plan. Under the terms of recurring payments, Enbridge will withdraw the full amount of your Enbridge bill each month 4 days prior to the Late Payment Charge Effective Date. This will ensure that you are never charged a late payment charge on your bill.
It’s a payment that’s made repeatedly to the same payee for the same amount on a regular basis it’s great for ongoing bills like your rent, car payment, or cable bill. You specify the amount to be paid and how frequently you want the payment made (weekly, bi-weekly, monthly, quarterly, semi-annually or annually). You also specify how long you want the recurring payment to continue until a certain number of payments have been made, until a certain amount has been paid, or until you cancel the recurring payment.