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EXHIBIT 1.1AUTHORIZATION AGREEMENT FOR AUTOMATIC DEPOSITS (ACH CREDITS)COMPANY NAME ID NUMBERBlueSun Inc.461492331CHECK ONE:
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(New Direct Deposit Participant) CHANGE
(Financial Institution and/or
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What is financial institution and/or account?
A financial institution is an organization that provides financial services, such as banks, credit unions, and investment firms. An account refers to a financial record or arrangement in which a customer can deposit or withdraw money, and track their transactions.
Who is required to file financial institution and/or account?
Typically, individuals and businesses that hold financial accounts at financial institutions are required to file information regarding their accounts, particularly if the accounts meet certain thresholds set by tax regulations.
How to fill out financial institution and/or account?
To fill out the financial institution and/or account, one must provide accurate information regarding the account holder, the financial institution details, the account number, and relevant financial data as required by reporting forms or regulations.
What is the purpose of financial institution and/or account?
The purpose of reporting on financial institutions and/or accounts is to ensure compliance with tax laws, to identify and prevent tax evasion, and to maintain transparency in financial transactions.
What information must be reported on financial institution and/or account?
The information that must be reported typically includes account holder's name, address, taxpayer identification number, account number, balance at year-end, and any income generated from the account.
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