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Telco Community Credit Union UNAUTHORIZED PREAUTHORIZED DRAFT×CHECK AFFIDAVIT Name: Account # PRINT NAME Address: City: Apt: State: Zip: LIST UNAUTHORIZED TRANSACTIONS BELOW Draft Number Post Date
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How to fill out unauthorized pre-authorized draft
How to fill out unauthorized pre-authorized draft:
01
Obtain the necessary form: Start by obtaining the unauthorized pre-authorized draft form from the relevant financial institution or organization. This form is typically required to authorize automatic debits from your bank account.
02
Fill in personal information: Begin filling out the form by providing your personal information such as your full name, address, contact details, and any other required identification information.
03
Provide bank account details: Enter the details of your bank account that you want the automatic debits to be made from. This includes your bank's name, branch, account number, and any other relevant information.
04
Specify the payment details: Indicate the specific details of the unauthorized pre-authorized draft. This includes the amount of money to be debited from your account, the frequency of the debits, and the purpose or reason for the authorization.
05
Read and understand the terms and conditions: Carefully read through the terms and conditions provided on the form. Ensure that you understand the implications and obligations of authorizing these automatic debits.
06
Sign and date the form: Once you have filled out all the required information accurately, sign and date the form to indicate your consent and agreement with the terms and conditions.
07
Submit the form: Submit the completed unauthorized pre-authorized draft form to the designated authority or financial institution. Ensure that you keep a copy of the form for your records.
Who needs unauthorized pre-authorized draft?
Unauthorized pre-authorized drafts are typically utilized by individuals who wish to automate recurring payments from their bank accounts. These drafts allow for the automatic withdrawal of funds for various purposes such as bill payments, subscription fees, donations, or other regular financial commitments. Individuals who prefer the convenience of not manually initiating these payments each time may opt for unauthorized pre-authorized drafts. However, it is important to carefully review and understand the terms and conditions associated with such drafts to avoid any unwanted financial consequences.
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What is unauthorized pre-authorized draft?
An unauthorized pre-authorized draft is a withdrawal of funds from a bank account that was not previously authorized by the account holder.
Who is required to file unauthorized pre-authorized draft?
The financial institution that processed the unauthorized pre-authorized draft is required to file the report.
How to fill out unauthorized pre-authorized draft?
The report can be filled out online on the respective financial institution's website or through a paper form provided by the institution.
What is the purpose of unauthorized pre-authorized draft?
The purpose of unauthorized pre-authorized draft reporting is to document and investigate instances of unauthorized withdrawals from bank accounts.
What information must be reported on unauthorized pre-authorized draft?
The report should include details of the unauthorized transaction, the affected account, and any relevant supporting documentation.
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