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Switch of Financial Institution and Account Details (For recurring payments only)Horizon Credit Union Ltd ABN 66 087 650 173 Fax: 02 42288091 To : (Name of User) DE User ID: (Note: Debit/Credit Users
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Switch of financial institution is the process of transferring accounts, funds, or services from one financial institution to another.
Any individual or entity that is moving their banking services from one financial institution to another is required to file switch of financial institution.
To fill out the switch of financial institution, you typically need to provide information about the accounts or services being transferred, the new financial institution's details, and sign any necessary authorization forms.
The purpose of switch of financial institution is to ensure a smooth transition of accounts and services from one financial institution to another without any disruption.
The information that must be reported on switch of financial institution includes account details, contact information, authorization for fund transfers, and any specific instructions for the new financial institution.
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