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AUTOMATIC WITHDRAWAL REQUEST Liberty Life Insurance Company PO Box 19087 Greenville, SC 29602-9087 1.800.234.5514 Traditional/Fixed Annuities 1.800.423.9398 Variable Life/Annuities REQUEST FOR AUTOMATIC

How to fill out request for automatic withdrawals

How to fill out a request for automatic withdrawals:

1. Start by gathering all the necessary information such as your personal details, account number, and routing number.
2. Open the request form provided by your bank or the organization offering automatic withdrawals.
3. Begin by entering your full name, address, and contact information in the designated fields.
4. Locate the section where you need to provide your account details. Enter your account number, which can usually be found at the bottom of your checks, and your bank's routing number.
5. Specify the amount and frequency of the withdrawals you wish to set up. This could be a fixed amount on a monthly basis or a variable amount at specific intervals.
6. If applicable, indicate the start date for the automatic withdrawals.
7. Read through the terms and conditions carefully, ensuring that you understand the agreement and any associated fees, if applicable.
8. Sign and date the request form, usually at the bottom or at the designated signature section.
9. Submit the completed request form to your bank or the organization offering automatic withdrawals. You may need to do this in person, electronically through their website, or by mail.

Who needs a request for automatic withdrawals?

1. Individuals who want to automate recurring payments, such as mortgage or utility bills, can benefit from setting up automatic withdrawals. This eliminates the need to remember payment dates and ensures bills are paid on time.
2. Small business owners who pay regular salaries or make consistent payments to vendors or suppliers can simplify their financial operations by using automatic withdrawals.
3. Non-profit organizations and charities utilize automatic withdrawals for recurring donations, making it easier for supporters to contribute regularly.
4. People who have monthly subscriptions or membership fees, such as gym memberships or streaming platforms, often opt for automatic withdrawals to streamline payment processes and avoid missing payments.

By following the steps outlined above, you can successfully fill out a request for automatic withdrawals and enjoy the convenience of automated payments.

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What is request for automatic withdrawals?

A request for automatic withdrawals is a form used to authorize a company or agency to automatically withdraw funds from a bank account on a regular basis.

Who is required to file request for automatic withdrawals?

Anyone who wants to set up automatic payments or withdrawals from their bank account must file a request for automatic withdrawals.

How to fill out request for automatic withdrawals?

To fill out a request for automatic withdrawals, you will need to provide your bank account information, the amount to be withdrawn, and the frequency of the withdrawals.

What is the purpose of request for automatic withdrawals?

The purpose of a request for automatic withdrawals is to make payments or transfers more convenient by automating the process.

What information must be reported on request for automatic withdrawals?

The information required on a request for automatic withdrawals includes the account holder's name, bank account number, routing number, amount to be withdrawn, and frequency of withdrawals.

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