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FOREIGN CURRENCYDRAFT BANK DRAFT AUTHORIZATION FORMHARVARDOFFICE OF TREASURY MANAGEMENT CASH MANAGEMENTUNIVERSITYPO or PR # FX Amount OR USD Amt to ConvertRecommended currency conversion is http://www.oanda.com/currency/converter/Currency

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How to fill out bank draft authorization form

01

To fill out a bank draft authorization form, follow these steps:

02

Start by gathering all the necessary information. This will typically include your personal details such as name, address, and contact information.

03

Next, you will need to provide the recipient's information. This will include the name of the payee or beneficiary, as well as their account details, such as the bank name, branch address, and account number.

04

Specify the amount of money you wish to authorize for the bank draft. Ensure that the amount is entered correctly to avoid any discrepancies.

05

Review the form to ensure all the information provided is accurate and complete. Make any necessary corrections if needed.

06

Finally, sign and date the form to authorize the bank to issue the draft. Keep a copy of the completed form for your records.

Who needs bank draft authorization form?

01

Anyone who wants to make a payment through a bank draft may need a bank draft authorization form. This form is commonly required in situations where a secure form of payment is needed, such as for large transactions, international payments, or specific business transactions.

02

Individuals or businesses who do not have a personal checkbook or prefer not to provide their personal check details may also choose to use a bank draft as an alternative payment method.

03

It is best to check with your specific bank or financial institution to determine if they require the use of a bank draft authorization form.

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