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EXTERNAL TRANSFER SETUP AUTHORIZATION and ADDENDUM TO THE SERVICE AGREEMENT FOR ON LINE BANKING External Transfers: External transfers permit you to electronically transfer money from your account(s)

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What is external transfer setup authorization?

External transfer setup authorization is a process that allows individuals or businesses to authorize the transfer of funds between different accounts.

Who is required to file external transfer setup authorization?

Any individual or business intending to set up external transfers may be required to file external transfer setup authorization.

How to fill out external transfer setup authorization?

External transfer setup authorization forms can be filled out online or through paper forms provided by the financial institution.

What is the purpose of external transfer setup authorization?

The purpose of external transfer setup authorization is to ensure that authorized individuals or businesses can securely transfer funds between accounts.

What information must be reported on external transfer setup authorization?

Typically, external transfer setup authorization forms require information such as account details, transfer amounts, and authorization signatures.

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