Yes, it is possible to use a different producer payment method for the initial payment. However, producer accounts can only have one primary payment method. This means that future payments for all policies that you have agreed to assume financial responsibility for will be charged to your account’s primary payment method. This includes charges for any amendments, audits, renewals, and extensions for which a producer’s payment method is listed on file.
You can change the primary payment method used for your producer-paid client policies at any time by updating it in the Payment Methods section of the Broker Portal.