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AUTOMATIC DRAFT AUTHORIZATION
PLEASE COMPLETE THE FOLLOWING AUTHORIZATION AND RETURN WITH A VOIDED CHECK Charleston Management
PO Box 97243
Raleigh, NC 27624
info×charlestonmanagement.com
* Your
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How to fill out automatic draft authorization
How to fill out automatic draft authorization
01
To fill out automatic draft authorization, follow these steps:
02
Obtain the automatic draft authorization form from your bank or financial institution.
03
Fill out the required personal information, including your full name, address, and contact details.
04
Provide your bank account details, such as the account number and routing number.
05
Specify the payment amount and frequency you wish to authorize for automatic draft.
06
Read the terms and conditions thoroughly before signing the form.
07
Sign and date the automatic draft authorization form.
08
Submit the completed form to your bank or financial institution for processing.
09
Keep a copy of the filled form for your records.
Who needs automatic draft authorization?
01
Automatic draft authorization is required by individuals who want to automate their recurring payments, such as utility bills, mortgage payments, or loan installments. It is suitable for anyone who wishes to ensure timely payments without the need for manual intervention or remembering due dates.
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What is automatic draft authorization?
Automatic draft authorization is a process that allows a company or individual to authorize automatic deductions from their bank account for payment of bills or services.
Who is required to file automatic draft authorization?
Any individual or company that wishes to set up automatic payments from their bank account is required to file automatic draft authorization.
How to fill out automatic draft authorization?
To fill out automatic draft authorization, you will need to provide your bank account information, the amount to be deducted, and the date of deduction. You may also need to sign a form authorizing the deductions.
What is the purpose of automatic draft authorization?
The purpose of automatic draft authorization is to streamline the payment process and ensure timely payment of bills or services without the need for manual intervention.
What information must be reported on automatic draft authorization?
The information required on automatic draft authorization includes the bank account number, routing number, amount to be deducted, and the frequency of deductions.
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