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PO Box 438 Madwomen, MN 56557AUTHORIZATION FOR AUTOMATIC WITHDRAWAL I authorize Wild Rice Electric Cooperative, Inc. and the financial institution named below to initiate entries from my checking/savings

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How to fill out authorization for automatic withdrawal

01

Start by entering your personal information such as name, address, and contact details on the authorization form.

02

Provide your bank account information including the account number and routing number.

03

Indicate the frequency of withdrawals you authorize (e.g. weekly, monthly, etc.)

04

Specify the amount or range of amounts that can be withdrawn on each transaction.

05

Sign and date the authorization form to confirm your consent.

Who needs authorization for automatic withdrawal?

01

Individuals who want to automate bill payments or recurring transactions.

02

Businesses that require regular payment of invoices or fees from customers.

03

Financial institutions that offer services like loan repayments or investment contributions.

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What is authorization for automatic withdrawal?

Authorization for automatic withdrawal is a form that allows a company to withdraw funds from a customer's bank account on a regular basis.

Who is required to file authorization for automatic withdrawal?

Any company or organization that wishes to automatically withdraw funds from a customer's bank account must file authorization for automatic withdrawal.

How to fill out authorization for automatic withdrawal?

Authorization for automatic withdrawal can be filled out by providing the necessary information such as the customer's bank account details, the amount to be withdrawn, and the frequency of withdrawals.

What is the purpose of authorization for automatic withdrawal?

The purpose of authorization for automatic withdrawal is to streamline the process of collecting payments from customers and ensure timely payments.

What information must be reported on authorization for automatic withdrawal?

Information required on authorization for automatic withdrawal includes the customer's name, bank account number, routing number, amount to be withdrawn, and the frequency of withdrawals.

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