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THE LAFAYETTE LIFE INSURANCE COMPANY 400 Broadway Cincinnati, OH 45202-3341 1-800-243-6631 FAX: 888-558-9329 E-Mail: IndividualOperations llic.com AUTHORIZATION FOR ELECTRONIC FUNDS TRANSFER I authorize
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How to fill out electronic funds transfer

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How to fill out electronic funds transfer:

01
Start by accessing your online banking platform or mobile banking app.
02
Navigate to the section or tab labeled "Transfers" or "Send Money."
03
Select the option for "Electronic Funds Transfer" or "External Transfer."
04
Enter the recipient's bank account details, including their name, account number, and routing number.
05
Specify the amount of money you want to transfer.
06
Choose the desired transfer date, which can be immediate or scheduled for a future date.
07
Review and verify all the information you have entered, ensuring the accuracy of the recipient's details and the transfer amount.
08
If necessary, add any additional notes or reference information for the transfer.
09
Confirm the transaction by clicking on the "Submit" or "Transfer" button.
10
Once the transfer is complete, you will usually receive a confirmation message or notification.

Who needs electronic funds transfer:

01
Individuals who need to send money to friends or family members quickly and securely.
02
Businesses that need to make payments to suppliers or freelancers electronically.
03
Organizations that need to transfer funds between different accounts or financial institutions efficiently.
04
Individuals or businesses that frequently need to move money internationally, avoiding high fees associated with other transfer methods.
05
People who prefer the convenience and speed of electronic transactions over traditional methods like paper checks or cash.
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Electronic funds transfer is the electronic transfer of money from one bank account to another.
Businesses and individuals who transfer funds electronically are required to file electronic funds transfer.
Electronic funds transfer can be filled out online through banking platforms or through electronic payment services.
The purpose of electronic funds transfer is to securely and efficiently transfer funds between bank accounts electronically.
Information such as the sender's account number, receiver's account number, amount transferred, and date of transfer must be reported on electronic funds transfer.
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