Assignment of Savings Account - Financial Form
A legal form template which authorizes a bank to pay funds to an assignee a sum out of moneys deposited in a savings account.
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Assignment of Savings Account Financial Form
For value received, I, __________(1)___________, of ________(2)___________, transfer and assign to ______(3)________, of _______(4)_____________, as assignee, savings account No. _____(5)_____, in my name with ___________(6)__________, and all moneys due or to become due thereunder. I authorize _______(7)_____________ to pay over to assignee this sum out of moneys deposited in my name in the above-mentioned account.
I warrant that I have made no prior transfer or assignment of any part of the account assigned hereby and that the balance thereof is now at least ______(8)_______ Dollars ($________).
I have delivered to assignee herewith the savings passbook issued in connection with this account, and I authorize assignee to ask for, demand, collect, and give a receipt for money in the assigned savings account, without any previous demand or notice. I agree to do whatever assignee may reasonably require to assure payment to assignee, to the extent hereby assigned, of the money in the account.
Dated __________(9)___________, __________(10)_.
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