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MICHIGAN COASTAL CREDIT UNION Automatic Funds Transfer (AFT) forms form is put in place to set up automatic funds transfers. By filling out this form, you acknowledge that AFT's will happen on the
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What is automatic funds transfer aft?
Automatic funds transfer aft is a process of transferring funds from one account to another electronically on a recurring basis.
Who is required to file automatic funds transfer aft?
Financial institutions and businesses that facilitate automatic funds transfers are required to file automatic funds transfer aft.
How to fill out automatic funds transfer aft?
To fill out automatic funds transfer aft, the filer must provide information such as the amount of the transfer, the frequency of the transfer, and the accounts involved.
What is the purpose of automatic funds transfer aft?
The purpose of automatic funds transfer aft is to automate the process of transferring funds between accounts, making it more convenient for individuals and businesses.
What information must be reported on automatic funds transfer aft?
The information reported on automatic funds transfer aft includes details of the transfer, the accounts involved, and the frequency of the transfer.
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