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Westpac Banking Corporation ABN 33 007 457 141 the Bank Please read these Instructions carefully before you complete the Request to Release/Substitute Security Authority Form Whether a property/security.

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How to fill out the RRS001 (12-04) Int-B.indd online

Filling out the RRS001 (12-04) Int-B.indd form is an essential process for requesting the release or substitution of security with Westpac Banking Corporation. This guide provides step-by-step instructions to help you complete the form accurately and efficiently, whether your request involves sold properties, refinancing, or repaid loans.

Follow the steps to fill out the RRS001 online.

  1. Press the ‘Get Form’ button to access the RRS001 (12-04) Int-B.indd form and open it in your preferred online editor.
  2. In Section A, provide the full name of all parties involved, including borrowers and guarantors. If any names have changed, include previous names as well.
  3. Complete Section B by specifying the details of the property or securities to be released, including unit/street number, street name, suburb, state, and postcode.
  4. In Section C, indicate the settlement type by selecting one of the options: sold, external refinance, internal refinance, loan repaid, or substituting property/security. Based on your selection, proceed to the corresponding section.
  5. If substituting security, fill out Section D with details of the new property/security being provided, including unit/street number, street name, suburb, state, and postcode.
  6. For Section E, list the loan account numbers and specify whether each is to be paid out in full. Indicate the desired payout amounts where applicable.
  7. If your loan has been repaid, complete Section F, choosing whether you would like the bank to register the discharge of the mortgage and provide necessary details about payment for fees.
  8. In Section G, all parties must sign to authorize the bank to release the security and acknowledge any applicable fees associated with the loan.
  9. Finally, review all completed sections for accuracy, save your changes, and download, print, or share the completed form as needed.

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