Automatic Bank Draft
When you sign up for Automatic Bank Draft, PNM will automatically withdraw your monthly payment
from your checking or savings account.
- No checks to write or stamps needed.
- Still get a paper bill in the mail.
- Automatic Bank Draft is free.
How it works
- Get a paper statement in the mail from PNM about 10 days before your bank account is debited.
- The statement will tell you the dollar amount of the withdrawal and the date it will occur.
- The withdrawal will also show on your bank statement.
- Know that Automatic Bank Draft is in effect when the Billing Summary on your PNM bill reads "Total Amount Due (This Amount will be Drafted)".
- Enroll online or by mail.
- See detailed steps below.
- We are unable to sign up customers by e-mail.
Option 1: enroll online
- Log in to My PNM (see link below), either as a returning user or a new user.
- Returning users: log in using your existing user name and password.
- New users: select "I'm a new user: help me enroll" to get started. Be sure to have your account number with you.
- On the "View my Bill: Summary" page, select "Apply for Automatic Bank Draft".
- Follow the steps to enter your request.
 Go to My PNM to sign up for Automatic Bank Draft online
Option 2: enroll by U.S. Mail
- Download, print and complete an Automatic Bank Draft Authorization Agreement.
- Complete when enrolling by mail for the first time or changing banks.
Download and print an authorization agreement (.pdf)
Call PNM to have an authorization agreement mailed to you
- Mail the signed authorization agreement to:
Change or cancel Automatic Bank Draft
 Change your bank account information or cancel Automatic Bank Draft
Still have questions? Contact PNM
Learn about other ways to pay your PNM bill
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