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GUGGENHEIM LIFE AND ANNUITY COMPANY 401 PENNSYLVANIA PARKWAY, SU ITE 300 INDIANAPOLIS, INDIANA 46280 GUGGENHEIMLIFE.COM DIRECT DEPOSIT AUTHORIZATION FORM Contract Number: Contract Owner: Depository
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What is direct deposit authorization form?
A direct deposit authorization form is a document that authorizes an employer or organization to deposit payments directly into an individual's bank account.
Who is required to file direct deposit authorization form?
All employees or individuals who wish to have their payments deposited directly into their bank account are required to file a direct deposit authorization form.
How to fill out direct deposit authorization form?
To fill out a direct deposit authorization form, you typically need to provide your bank account information, such as the account number and routing number. You may also need to provide additional details like your name, address, and employer's information.
What is the purpose of direct deposit authorization form?
The purpose of a direct deposit authorization form is to streamline and automate the payment process by directly depositing funds into an individual's bank account, eliminating the need for physical checks or cash.
What information must be reported on direct deposit authorization form?
The direct deposit authorization form usually requires the account holder's name, bank account number, routing number, and any additional information requested by the employer or organization.
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