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Authorization Agreement for Automatic Withdrawal Enrolled ID Number Enrolled Name New Members Making Your First Months Premium Payment Which of the following would you like to use? 1. Check or Money
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The authorization agreement for automatic withdrawal is a document that gives permission to withdraw funds from a bank account automatically.
Any individual or organization that wants to set up automatic withdrawals from a bank account is required to file an authorization agreement.
To fill out an authorization agreement for automatic withdrawal, you will need to provide your bank account information, the amount to be withdrawn, the frequency of the withdrawals, and your signature.
The purpose of the authorization agreement for automatic withdrawal is to establish a legal agreement between the account holder and the withdrawing party, ensuring that funds are withdrawn in a timely and accurate manner.
The authorization agreement for automatic withdrawal must include the bank account number, routing number, withdrawal amount, frequency of withdrawals, start date, and authorization signature.
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