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What is direct debit authority 0313?

Direct debit authority 0313 is a form that authorizes a third party to withdraw funds directly from an individual's bank account.

Who is required to file direct debit authority 0313?

Any individual or organization that wishes to set up direct debits from a bank account needs to file direct debit authority 0313.

How to fill out direct debit authority 0313?

Direct debit authority 0313 must be filled out with the necessary information including the account holder's name, bank account details, authorization signature, and the amount and frequency of the debits.

What is the purpose of direct debit authority 0313?

The purpose of direct debit authority 0313 is to streamline the process of making regular payments by allowing funds to be automatically withdrawn from a bank account.

What information must be reported on direct debit authority 0313?

Direct debit authority 0313 must include the account holder's name, bank account details, authorization signature, and details of the debits including the amount and frequency.

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