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Winchester Utilities 219 2nd AVE NW Winchester, TN 37398 Phone: (931) 9672238 Fax : (931) 9624214AUTOMATIC BANK DRAFT AUTHORIZATION FORM Winchester Utilities is offering an easy and convenient way
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How to fill out automatic bank draft authorization
How to fill out automatic bank draft authorization
01
Contact your bank to request an automatic bank draft authorization form.
02
Fill out the necessary information on the form, including your name, account number, and the amount you authorize to be withdrawn.
03
Specify the frequency of the withdrawals, whether it will be a one-time withdrawal or recurring withdrawals.
04
Sign and date the form to authorize the bank to withdraw funds from your account.
Who needs automatic bank draft authorization?
01
Individuals who want to automate bill payments.
02
Businesses that have regular expenses to pay.
03
Landlords collecting rent payments from tenants.
04
Creditors collecting payments from debtors.
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What is automatic bank draft authorization?
Automatic bank draft authorization is a process where a person authorizes a bank to withdraw funds from their account on a recurring basis to pay bills or make payments.
Who is required to file automatic bank draft authorization?
Anyone who wants to set up automatic payments from their bank account is required to file automatic bank draft authorization with their bank or biller.
How to fill out automatic bank draft authorization?
To fill out automatic bank draft authorization, one must provide their bank account information, the amount to be withdrawn, the frequency of payments, and the recipient's information.
What is the purpose of automatic bank draft authorization?
The purpose of automatic bank draft authorization is to facilitate convenient and timely payments without the need for manual intervention each time a payment is due.
What information must be reported on automatic bank draft authorization?
Information such as the bank account number, routing number, amount to be withdrawn, payment frequency, and recipient's information must be reported on automatic bank draft authorization.
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