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Electronic Funds Deposit Authorization 1. Contract Information ______Name of contract owners of owner______Name of annuitantContract number___ ___ ______ Street addressCityStateZIP______Joint owner

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How to fill out electronic funds transfer authorization

01

Obtain the necessary electronic funds transfer authorization form from your bank or financial institution.

02

Fill out your personal information including your name, address, and account number.

03

Specify the amount you authorize to be transferred electronically and the frequency of the transfers.

04

Provide your bank's routing number and your account number for the transfer destination.

05

Review the information you provided for accuracy and sign the authorization form.

06

Submit the completed form to your bank or financial institution for processing.

Who needs electronic funds transfer authorization?

01

Individuals who want to authorize electronic transfers from their bank account to another account.

02

Businesses that want to set up recurring electronic payments to vendors or suppliers.

03

Employees who want to receive their pay via direct deposit into their bank account.

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What is electronic funds transfer authorization?

Electronic funds transfer authorization is a method of allowing funds to be electronically transferred from one account to another.

Who is required to file electronic funds transfer authorization?

Any individual or organization that wants to initiate electronic funds transfers.

How to fill out electronic funds transfer authorization?

Electronic funds transfer authorization can be filled out online or by submitting a paper form with the required information.

What is the purpose of electronic funds transfer authorization?

The purpose of electronic funds transfer authorization is to provide a convenient and efficient way to transfer funds between accounts.

What information must be reported on electronic funds transfer authorization?

Information such as account numbers, routing numbers, transfer amounts, and authorization signatures must be reported on electronic funds transfer authorization forms.

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