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ACN 096 902 813 ADSL 315388Ph: 0412 236 812DIRECT DEBIT REQUEST YOUR DETAILS Business:NEW CUSTOMER Formulas complete this form using a BLACK PEN, * Indicates a MANDATORY FIELD Foundation Ltd ABN/ACN:10023548086
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Set up a direct refers to the process of establishing a direct payment system, usually for financial transactions such as payroll deposits or bill payments, allowing funds to be transferred directly from one account to another without the need for physical checks.
Individuals and businesses that wish to automate their payments and receive payments directly into their bank accounts are typically required to file for set up a direct.
To fill out a set up a direct form, you usually need to provide personal or business information, bank account details, and consent to the terms of the direct payment arrangement.
The purpose of setting up a direct payment system is to streamline payment processing, ensuring timely and reliable transactions, reduce paperwork, and enhance security.
The information that must be reported typically includes the name, address, bank account number, routing number, and the type of account (checking or savings) along with any other required documentation.
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