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BANK DEBIT ORDER INSTRUCTION / CREDIT CARD AUTHORITY Name (Debtor) : Date : Address : Contract No. Debit Amount : Commencement Date : Abbreviated name as registered with the bank :EHOSTContact No:
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How to fill out bank debit order instruction
How to fill out bank debit order instruction
01
To fill out a bank debit order instruction, follow these steps:
02
Start by writing the name of the account holder or company requesting the debit order.
03
Write the account number from which the funds will be debited.
04
Specify the bank and branch details, including the name of the bank, branch code, and branch address.
05
Indicate the date when the debit order instruction is given.
06
Write the amount that will be debited from the account on a regular basis.
07
Mention the frequency of the debit order, such as monthly, quarterly, or annually.
08
Include any additional instructions or special conditions if necessary.
09
Sign the debit order instruction to authorize the bank to debit the specified amount from the account.
10
Keep a copy of the completed form for your records.
Who needs bank debit order instruction?
01
Bank debit order instructions are required by individuals or companies who want to set up automatic payments from their bank accounts. This is commonly used for recurring payments, such as utility bills, loan repayments, membership fees, and subscription services. Anyone who wants to automate their payment process and ensure timely payments can benefit from using bank debit order instructions.
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