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Recurring or Additional Payment Authorization Form Please refer to UNC Policy 1017, Recurring/Additional Payment for specific details & requirements. Employee Name (Last): (First): Personnel #: Position:
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How to fill out recurring or additional payment

How to fill out recurring or additional payment
01
To fill out recurring or additional payment, follow these steps:
02
Log in to your online banking account.
03
Go to the 'Payments' or 'Transfers' section.
04
Select the option for 'Recurring Payments' or 'Additional Payments'.
05
Enter the recipient's account details, such as their name, bank account number, and bank name.
06
Choose the frequency of the payments, whether it's monthly, weekly, or another interval.
07
Specify the payment amount and any additional details or comments.
08
Review the payment information and confirm the transaction.
09
Save the recurring or additional payment for future use, if applicable.
10
Make sure to monitor your account and ensure sufficient funds are available for each payment.
Who needs recurring or additional payment?
01
Recurring or additional payment is beneficial for individuals or organizations who have regular financial obligations or ongoing expenses to fulfill.
02
Individuals who have regular monthly bills, such as rent, mortgage, utilities, or subscriptions, can set up recurring payments to automate the process and avoid late fees or missed payments.
03
Businesses that need to pay vendors or suppliers on a regular basis can utilize recurring payments to streamline their payment operations.
04
Non-profit organizations that rely on recurring donations from supporters can simplify the donation process by offering an option for recurring payments.
05
Freelancers or service providers who have clients on retainer or recurring contracts can use recurring payments to ensure timely and consistent payments.
06
Financial institutions or insurance companies that offer recurring payment options to their customers can provide convenience and ease of payment.
07
Overall, anyone who wants to automate repetitive payments and save time can benefit from using recurring or additional payments.
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