Aflac Direct Deposit Online PDF Details

In today's fast-paced financial environment, the convenience and security of direct deposit have become paramount for investors and account holders across various platforms. One pertinent document that facilitates such transfers, particularly for those involved with Aflac Incorporated's AFL Stock Plan, is the Aflac Direct Deposit form. This critical form orchestrates the seamless electronic transfer of funds resulting from stock plan liquidations straight to an individual's bank account, adhering to Automated Clearing House (ACH) standards. It requires detailed information including the account holder's name, the last four digits of their Social Security or Tax ID number, and their account number. Additionally, it includes options for both partial withdrawal — with continued or terminated dividend reinvestment — and full withdrawal, affecting how dividends and liquidation proceeds are handled. To ensure accuracy and security, this form stipulates the attachment of a voided check or deposit slip for the chosen bank account, be it checking or savings, underlining the importance of correct routing and account numbers for ACH processing. Moreover, for the funds to be accurately and timely credited, the form mandates the verification of bank details with the financial institution. The form also incorporates provisions for correcting transfer errors and details the processing timeline for fund availability in the recipient's account. Notably, the document underscores the necessity of having notarized shareholder signatures when the names on the AFL Stock Plan account and the receiving bank account do not align perfectly, ensuring an additional layer of verification and security. This authorization process, presented alongside requirements for periodic submission of updated forms for future transactions, captures a holistic view of the operational and security measures governing direct deposits within the AFL Stock Plan.

QuestionAnswer
Form NameAflac Direct Deposit Online
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesdirect deposit form from aflac, aflac direct deposit claim form, direct deposit aflac, aflacgroup com claim forms direct deposit

Form Preview Example

Ge n e r a l Accou n t Tr a n sa ct ion & D ir e ct D e posit Au t h or iza t ion

for AFL St ock Pla n Liqu ida t ion s For m

N a m e & Ad dr e ss a s Sh ow n on Accou n t :

La st Fou r D igit s of Socia l Se cu r it y or Ta x I D N o. : _ _ _ _ _ _ _ _

 

Accou n t N u m be r : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

 

D a y t im e ph on e n u m be r : ___________________________________

 

 

PARTI AL W I TH D RAW AL – CON TI N UE D I V I D EN D REI N V ESTM EN T SELECTI ON S:

Issue Stock Certificate for _______________________ Whole Shares

Sell

_______________________ Whole Shares

____________________________________

Shareholder Signature

FULL W I TH D RAW AL – TERM I N ATE D I V I D EN D REI N V ESTM EN T, BAN K D RAFT AN D D ED UCTI ON S SELECTI ON S:

Issue stock certificate for whole shares and sell fractional share

Sell all plan shares

____________________________________

Shareholder Signature

( You r f in a n cia l in st it u t ion m u st b e a m e m be r of t h e Au t om a t e d Cle a r in g H ou se ( ACH ) n e t w or k . )

Aflac Incorporated (the Company) is authorized to deposit the proceeds from the liquidation of my shares held in the AFL Stock Plan by electronic funds transfer to the financial institution account indicated by the A T T A CH E D V OID E D D O CU M E N T . The Company is authorized to initiate corrections to any amounts transferred in error and any claim against the Company or the financial institution involved is waived with respect to the operation of this service. The Company and the financial institution reserve the right to terminate this service at any time.

Th is in f or m a t ion w ill n ot be m a in t a in e d on y ou r a ccou n t . I t w ill be r e qu ir e d e a ch t im e y ou r e qu e st a dir e ct de p osit of fu n ds fr om a sa le of st ock fr om y ou r AFL St ock Pla n .

N OTE: Checks and/or deposit slips from financial institutions such as sa vin g s & loa n s, t r u st ba n k s, cr e d it u n ion s, and fe de r a l sa vin g s ba n k s do not always contain the correct information for ACH deposit. Please verify with your financial institution that the bank routing number and the bank account number shown on your attached voided document are the correct numbers to be used with the ACH Network.

In cor r e ct in for m a t ion w ill de la y t h e r e ce ipt of y ou r fu n ds.

Checking account – At t a ch a V oide d Ch e ck

Savings account – At t a ch a V oide d D e posit Slip

You r n e t pr oce e ds w ill be se n t t o t h e fin a n cia l in st it u t ion t h a t you spe cifie d 3 bu sin e ss da ys a ft e r t h e t r a de da t e . Be ca u se t h e fu n ds go t o t h e Fe de r a l Re se r ve for pr oce ssin g, ple a se a llow a n a ddit ion a l 1 – 2 bu sin e ss da ys for t h e ba n k t o cr e dit t h e fu n ds t o you r a ccou n t .

_______________________________________________________________

________________________________________________________

Bank routing number (ABA) if different from number on Voided Check

Signature of bank account holder

______________________________________________________________________________________________________________________________

N ot a r iz a t ion of Sh a r e h olde r Sign a t u r e ( s)

Notarized signatures of ALL SH AREH OLD ERS are required I F the name(s) on the financial institution account to receive funds is N OT EX ACTLY the same as the name(s) on your Aflac Incorporated stock account.

_____________________________________

____________________________________

Shareholder Signature

Shareholder Signature

Subscribed and sworn to before me

Subscribed and sworn before me

__________________________________________

_________________________________________

this ______day of ______________, 20__________

this _______day of _____________, 20_________

__________________________________________

_________________________________________

Notary Public (seal)

Notary Public (seal)

My commission expires:_______________________

My commission expires:______________________

FAX TH I S COM PLETED FORM TO SH AREH OLD ER SERV I CES 7 0 6 . 5 9 6 . 3 4 8 8

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You should submit the Checking account At t a ch a, You r n e t pr oce e ds w ill be, Bank routing number ABA if, Signature of bank account holder, N ot a r iza t ion of Sh a r e h, Notarized signatures of ALL SH, Shareholder Signature, Subscribed and sworn to before me, Shareholder Signature, Subscribed and sworn before me, this day of, this day of, Notary Public seal My commission, Notary Public seal, and My commission expires space with the essential data.

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