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Straight2Bank Setup & Maintenance Form version June 2016. Client Signature/ Initials. Company Stamp. Please complete this page and the authorisation in the .

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THIS MEANS THAT ALL FUND TRANSFERS TO YOUR SCBSL ACCOUNTS, INCLUDING INTERBANK GIRO, FAST AND SECURE TRANSFERS (“FAST”), PAYNOW, MAS ELECTRONIC PAYMENT SYSTEM (“MEPS”) AND TELEGRAPHIC TRANSFER, MUST USE THE BIC SCBLSG22, AND BANK CODE 9496.

Beneficiary will receive funds the same working day if the request to transfer was made before 11am, and the next working day if made after 11am. Account number must be correct for processing or your funds may get returned.

A book transfer is the transfer of the legal right of ownership of an asset, without physically shifting the asset to the new owner. The most common use of the concept is when a bank transfers funds from the account of the payer to the account of the payee when both accounts are with the same bank.

'Book Transfer' is the payment type attached for this network. Payments can be initiated with this Payment type only if both credit and debit accounts are available in External Account Maintenance.

A no book transfer is the transfer of funds from one deposit account to another at a different financial institution. No Book transfers are a way to eliminate check clearing float. Unlike with interbank transfers, these intrabank transfers require little or no wait time.

In this case only one payment order was involved in the funds transfer. A one-payment-order funds transfer is usually referred to as a “book transfer” because the payment is accomplished by the receiving bank's debiting the account of the sender and crediting the account of the beneficiary in the same bank.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232