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This form is used to set up direct deposit or automatic withdrawal for payments to a service provider through Harleysville Savings Bank.
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How to fill out direct deposit/automatic withdrawal form
How to fill out direct deposit/automatic withdrawal form
01
Obtain the direct deposit/automatic withdrawal form from your bank or employer.
02
Fill in your name and address at the top of the form.
03
Provide your bank account number and routing number accurately.
04
Indicate the type of account (checking or savings) for the deposit/withdrawal.
05
Specify the amount to be deposited/withdrawn, if required.
06
Review the completed form for accuracy.
07
Sign and date the form.
08
Submit the form to your bank or employer following their submission guidelines.
Who needs direct deposit/automatic withdrawal form?
01
Employees who want their salary directly deposited into their bank account.
02
Individuals who want to automate recurring payments like bills or subscriptions.
03
Anyone looking to simplify their financial transactions and avoid checks.
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What is direct deposit/automatic withdrawal form?
A direct deposit/automatic withdrawal form is a document that authorizes an employer or financial institution to deposit funds directly into a bank account or withdraw funds automatically from a bank account on a scheduled basis.
Who is required to file direct deposit/automatic withdrawal form?
Employees who wish to receive their salary via direct deposit and individuals who want to set up automatic withdrawals for payment of bills or loans are typically required to file this form.
How to fill out direct deposit/automatic withdrawal form?
To fill out the form, you need to provide your name, bank account number, bank routing number, and specify whether it is for direct deposit or automatic withdrawal, along with your signature and the date.
What is the purpose of direct deposit/automatic withdrawal form?
The purpose of the form is to facilitate the electronic transfer of funds, ensuring timely payments and reducing the need for physical checks.
What information must be reported on direct deposit/automatic withdrawal form?
The form must include the account holder's name, bank account number, bank routing number, type of account (checking or savings), and authorization signature.
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