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St. James Church Kindergarten (Gil stead) 25 Gil stead Road, S. 309070 Tel: 62546725 Fax: 62547905 Email: instead sick.org.SG Website: www.sjck.org.sgDIRECT DEBIT Authorization APPLICATION FORM *Please
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How to fill out direct debit authorisation application

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How to fill out direct debit authorisation application

01
Obtain a direct debit authorisation application form from the relevant bank or financial institution.
02
Read the instructions and terms carefully to understand the requirements and obligations.
03
Provide your personal details on the application form, such as full name, address, and contact information.
04
Fill in your bank account details, including the account number and branch information.
05
Specify the payment amount or range that you want to authorize for direct debit.
06
State the frequency of the direct debit, whether it is a one-time payment, recurring monthly, or at other specified intervals.
07
Sign the application form to confirm your consent and agreement to the terms.
08
Attach any necessary supporting documents, such as proof of identification or proof of address.
09
Submit the completed application form to the bank or financial institution either in person or by mail.
10
Keep a copy of the application form and any related documents for your records.

Who needs direct debit authorisation application?

01
Any individual or organization who wishes to authorize a bank or financial institution to debit their bank account for payments needs a direct debit authorisation application.
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A direct debit authorisation application is a form that allows an individual or entity to grant permission to another party to withdraw funds directly from their bank account on a specified date, typically for recurring payments.
Individuals or businesses that wish to set up direct debit payments for services or subscriptions are required to file a direct debit authorisation application.
To fill out a direct debit authorisation application, provide the account holder's personal information, bank account details, the amount to be debited, the frequency of the payments, and the service provider's details.
The purpose of a direct debit authorisation application is to enable automatic withdrawals from an account for recurring payments, ensuring timely payment and reducing the risk of late fees.
The information that must be reported includes the account holder's name, bank account number, sort code, payment amount, frequency of payment, and the name of the payee.
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