Automatic Bank Draft Withdrawal - SilverScript 2025

Show details

4.9 out of 5

60 votes

The document is an application form for setting up automatic bank draft withdrawals for premium payments to SilverScript Insurance Company. It authorizes the bank to deduct up to $300 monthly from the member's account, requires a check or direct deposit form for processing, and outlines the conditions under which payments will be made. The document emphasizes the importance of continuing to pay premiums until the automatic deductions begin and provides contact information for customer support.

Here's how it works

01. Edit your silverscriptonline online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to rapidly redact Automatic Bank Draft Withdrawal - SilverScript online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for changing your documents online. Follow this simple guideline edit Automatic Bank Draft Withdrawal - SilverScript in PDF format online for free:

Register and log in. Create a free account, set a strong password, and go through email verification to start managing your templates.
Upload a document. Click on New Document and choose the file importing option: upload Automatic Bank Draft Withdrawal - SilverScript from your device, the cloud, or a protected URL.
Make changes to the template. Utilize the top and left-side panel tools to edit Automatic Bank Draft Withdrawal - SilverScript. Add and customize text, pictures, and fillable fields, whiteout unnecessary details, highlight the important ones, and provide comments on your updates.
Get your documentation completed. Send the form to other individuals via email, create a link for faster document sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail added.

Explore all the advantages of our editor right now!

See more Automatic Bank Draft Withdrawal - SilverScript versions

We've got more versions of the Automatic Bank Draft Withdrawal - SilverScript form. Select the right Automatic Bank Draft Withdrawal - SilverScript version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2016	4.9 Satisfied (60 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can draft be refunded?

You will receive a refund after the deduction of the cancellation charges levied by the bank. If you made the payment using your bank account, you can submit the original DD and the cancellation form. The amount will be refunded to your bank account after deducting the cancellation charges.

What is a bank draft withdrawal?

With a bank draft, the funds are withdrawn from your bank account and then the check is made out from the bank, which guarantees it. Your funds are placed into the banks reserve account. With a certified check, the money is also guaranteed by the bank, but your funds are not withdrawn until the check is cashed.

Can a bank draft be Cancelled?

Once delivered, bank drafts cant be cancelled. If it gets lost, damaged or stolen, getting a refund or replacement might require getting a Bond of Indemnity. To avoid any such situation, its best to hand over your bank draft in person or consider using a reliable, trackable delivery method.

Can I cancel a demand draft online?

You must visit the bank where the DD was issued. Only the issuing bank can process the cancellation.

How do I cancel an automatic bank draft?

Call and write your bank or credit union Customer service should be able to help you, and your bank or credit union might have a form for this online. Follow up by writing a letter or an e-mail.

Can you cash out a bank draft?

A bank draft is valid for one year and eight days from the date of issue. As the recipient, you are free to cash the draft within this period.

What does automatic bank draft mean?

Q. What is Automatic Bank Draft? A. Automatic Bank Draft is a service that allows you to automatically pay your monthly water bill using your checking account, but without writing checks.

Automatic Bank Draft Withdrawal - SilverScript 2025

Here's how it works

How to rapidly redact Automatic Bank Draft Withdrawal - SilverScript online