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LOUISIANA S START SAVING PROGRAM AUTHORIZATION FOR AUTOMATIC DEBITS FROM A PERSONAL BANK ACCOUNT START Saving Program PO Box 91271 Baton Rouge, LA 70821-9271 Telephone: 1-800-259-5626 Internet: www.startsaving.la.gov
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What is authorization for automatic debits?
Authorization for automatic debits is permission given by an account holder to allow a company or organization to automatically withdraw funds from their bank account.
Who is required to file authorization for automatic debits?
Anyone who wishes to set up automatic debit payments from their bank account is required to file an authorization for automatic debits.
How to fill out authorization for automatic debits?
To fill out authorization for automatic debits, you typically need to provide your bank account information, the amount and frequency of the payments, and your signature.
What is the purpose of authorization for automatic debits?
The purpose of authorization for automatic debits is to streamline payment processes, ensure timely payments, and reduce the risk of missed or late payments.
What information must be reported on authorization for automatic debits?
The information reported on authorization for automatic debits typically includes the account holder's name, bank account number, payment amount, payment frequency, and authorization signature.
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