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HOUSING AUTHORITY OF SNOHOMISH COUNTY 12625 4th Avenue West, Suite 200 ? Everett, Washington 98204 (425) 290-8499 or (425) 743-4505 TDD (425) 290-5785 ? FAX (425) 290-5618 DIRECT DEPOSIT/AUTOMATIC

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What is direct depositautomatic withdrawal authorization?

Direct deposit and automatic withdrawal authorization is a financial agreement that allows individuals or organizations to electronically deposit funds into a bank account or withdraw funds from a bank account on a recurring basis.

Who is required to file direct depositautomatic withdrawal authorization?

Any individual or organization that wishes to initiate direct deposits or automatic withdrawals from a bank account is required to fill out and file a direct deposit and automatic withdrawal authorization form.

How to fill out direct depositautomatic withdrawal authorization?

To fill out a direct deposit and automatic withdrawal authorization form, you need to provide your bank account information, including the account number and routing number. You may also need to provide additional information specific to the organization or individual initiating the direct deposit or automatic withdrawal.

What is the purpose of direct depositautomatic withdrawal authorization?

The purpose of direct deposit and automatic withdrawal authorization is to provide a convenient, secure, and efficient way of electronically transferring funds between bank accounts, eliminating the need for physical checks or manual transactions.

What information must be reported on direct depositautomatic withdrawal authorization?

The information typically required on a direct deposit and automatic withdrawal authorization form includes the bank account number, routing number, name of the account holder, and any other required details specified by the initiating party.

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