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Form 1301 FR.01 Request to Transfer Residual Balance from Sponsored Awards Revision Date: 08/11/2015 The University will allow Principal Investigators (PI's) access to residual balances from fixed
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How to fill out request to transfer residual

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How to fill out a request to transfer residual:

01
Start by identifying the purpose of the request. Determine why you need to transfer the residual and what it entails.
02
Begin the request by providing your personal information. Include your full name, contact details, and any relevant identification numbers or account information.
03
Clearly state the reason for the transfer. Explain the circumstances that led to the residual and why it needs to be transferred. Be concise and specific in your explanation.
04
Include any supporting documentation or evidence that may be required. This could include invoices, receipts, or any other relevant paperwork that validates the need for the transfer.
05
Specify the details of the transfer. Provide information about the recipient of the transfer, including their name, contact details, and any required identification or account information. Be sure to include any specific instructions or preferences for the transfer.
06
End the request by thanking the recipient for their attention and cooperation. Express your willingness to provide any additional information or documentation that may be needed to facilitate the transfer.

Who needs a request to transfer residual?

01
Individuals who have received payments or have funds remaining from a transaction or service.
02
Businesses or organizations that have excess funds or residual amounts that need to be transferred to another party or account.
03
Individuals or organizations involved in financial transactions, such as banks, insurance companies, or investment firms, may also require a request to transfer residual funds.
It is important to note that the specific requirements for a request to transfer residual may vary depending on the organization or financial institution involved. Therefore, it is advisable to consult with the relevant party or refer to any provided guidelines or instructions to ensure the request is properly completed.
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Request to transfer residual is a formal request to move unused funds or resources from one entity to another.
The entity or individual with the authority to transfer the residual is required to file the request.
The request should include details of the residual to be transferred, reason for transfer, and authorization from both parties.
The purpose is to ensure transparency and accountability in the transfer of unused resources.
The request should include detailed description of the residual, amount to be transferred, reason for transfer, and signatures of authorized parties.
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