Herriman & Associates, Inc. offers three payment options for assessments: 1. ACH DEBIT (Automatic Payment)
- Regular monthly assessment payments can be automatically deducted from your checking or savings account
- Print the authorization form Automatic Payment (ACH Debit)
2. PAYMENT BY CHECK
- A payment coupon must accompany all checks
- Mail check AND payment coupon to:
(The name of your Association) c/o Herriman & Associates, Inc. P.O. Box 701880 Plymouth, MI 48170-0972
- This post office box is maintained by the Association’s financial institution. Payments are not processed by the management company.
- All checks are processed electronically and may appear as an ACH item, direct debit or automated check on your bank statement
- Paid checks will not be returned in your bank statement
3. ON-LINE BANKING PAYMENT (or if payment coupon is missing)
- Use your financial institution's on-line banking service
- The association’s name AND your 7-digit account number MUST be included in the “Pay To” information
- Your 7-digit account number is located at the bottom center of your payment coupon
- Direct payments to:
(The name of your Association) c/o Herriman & Associates, Inc. P.O. Box 701880 Plymouth, MI 48170-0972
- This post office box is maintained by the Association’s financial institution. Payments are not processed by the management company.
SPECIAL HANDLING SERVICE CHARGE
- Because the payment process is automated, any payment that cannot be identified (no payment coupon or 7-digit account number) will require special handling by the processing financial institution.
- A special handling service charge will be charged to the Association's bank account by the processing financial institution.
- This special handling charge (currently $10.00) will then be charged back to your unit.
- You will be notified in writing if special handling was required for your payment.
- Payment of the special handling charge may be paid with your regular assessment.