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AUTHORIZATION AGREEMENT FOR PREAUTHORIZED PAYMENTS Member Name: CU Account Number: Visa Account Number: Today's Date:I (we) authorize People Driven Credit Union (DCU) to initiate debit (withdrawal)

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How to fill out member wire authorization

01

Obtain the member wire authorization form from the financial institution or download it from their website.

02

Fill out the member's personal information such as name, account number, address, and contact details.

03

Provide the wire transfer details including the recipient's name, account number, financial institution's information, and the amount to be transferred.

04

Sign and date the form to authorize the wire transfer.

05

Submit the completed form to the financial institution according to their instructions.

Who needs member wire authorization?

01

Any member who wishes to authorize a wire transfer from their account to another account or financial institution.

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What is member wire authorization?

Member wire authorization is a form that authorizes a member to wire funds.

Who is required to file member wire authorization?

Any member who intends to wire funds must file member wire authorization.

How to fill out member wire authorization?

Member wire authorization can be filled out by providing specific details about the wire transfer including the amount, recipient, and purpose.

What is the purpose of member wire authorization?

The purpose of member wire authorization is to ensure that wire transfers are conducted securely and in compliance with regulations.

What information must be reported on member wire authorization?

Member wire authorization must include information such as the amount of the transfer, account details, recipient's information, and reason for the transfer.

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