Follow these steps
1. Complete and sign this form to request new transfers, update existing transfers, or cancel existing transfers (part B only)
2. Attach a voided check of the checking/savings account to be transferred FROM
3. Drop off this form and any attachments at any American Savings Bank (“ASB”) branch or mail to:
American Savings Bank; Attn: ACH Services; PO Box 2300; Honolulu; HI 96804-2300
Please allow 5 business days from receipt to set up, change or cancel your transfer(s).
Savings Bank
Automatic Payments and Transfers
I authorize American Savings Bank to make recurring transfers FROM my
Part A – Request new transfers or change an existing transfer
This is a new request or change to an existing transfer
STEP 1
STEP 2
# Attachments
Phone #
Branch/Dept #
Request Taken by:
(Print Name)
ASB Online
Banking customers
It’s quick and easy to set up
automatic transfers between
your accounts online!
See instructions on the
reverse side of this form.
STEP 6 Authorization & Signature:
I (we) also authorize American Savings Bank to initiate adjustments to my account to correct any errors made in relation to these transfers. I agree
to have enough money in my account at least one (1) day before the transfer is scheduled. I understand that American Savings Bank can cancel
this service without my consent (1) at any time twenty-one (21) calendar days after sending written notice to me, or (2) immediately upon receiving
notification of the death or insolvency of any owner of the account identified in Step 3 above or the closing of the account identified in Step 3
above. This authorization shall remain in full force and effect, and shall be binding on my heirs, personal representative, administrators, assigns
and co-owners of the account above, unless an owner of the account to be withdrawn from cancels in writing no less than five (5) business days
before the next scheduled transfer. An owner of the account to be withdrawn from can revoke this authorization by completing Part B and
dropping off this form at any ASB branch or by mail to American Savings Bank, ATTN: ACH Services, PO Box 2300, Honolulu, HI 96804-2300.
Print Name Phone
Date
Loan Deposit
Loan Deposit
Part B - Cancel existing transfer(s) (If you need more space, please attach a separate page)
Please cancel the automatic transfer(s) FROM Account #
______________________________________ TO my ASB account(s) listed below
Account #__________________________________
Account #__________________________________
Transfer Amount $_____________________________
Transfer Amount $_____________________________
Effective Date__________________
Effective Date__________________
Signature
Print Name
Date
Signature
Weekly: (Select ONE) M T W Th F
Every other
week:
(Select ONE) M T W Th F
STEP 3
Account
information
Transfer TO an ASB loan
Account #__________________________________
(Or attach a copy of your payment coupon or loan statement)
Schedule payment on the due date
OR
Monthly:
___________
Enter the day of the month
(Example: Monthly: 15 will pay on the 15th of the month.
Note: If you wish to pay on the last day of each month, enter 31)
Minimum monthly payment
Minimum monthly payment + additional principal of
$
___________________________
Fixed payment amount* $___________________________
Transfer TO an ASB checking/savings account
Account #__________________________________
Recurring Deposit Amount $__________________________________
STEP 4
Select
payment
date
STEP 4
Select
payment
date
STEP 5
Amount of
Deposit
STEP 5
Amount
to Pay
STEP 3
Account
information
Enter the day of the month
(Example: Monthly: 15 will deposit on the 15th of the month.
Note: If you wish to deposit on the last day of each month, enter 31)
Monthly:_________ Twice a month:_________ and_________
Attach a voided check that shows the full
account number.
The person requesting the transfer must be the
account owner on both the FROM and TO account
unless this is for an ASB to ASB deposit transfer.
Checking
Checking Savings
Start Date: _________________________________________Start Date:__________________________________
*for installment loans only
1 of 2
Savings
Routing #
______________________________ Account #_______________________________
MKT-421W (9/19) 19H177 2 of 2
Common Questions
I don’t want to miss or make a double payment, so how will I
know my automatic loan payments are about to begin?
Once we receive your completed “Automatic Recurring Transfers”
form we will send you a letter confirming the start date of your first
automatic payment. Please continue to make your payments until
you receive the automatic loan payment confirmation letter.
Can I schedule an additional automatic monthly payment to be
applied toward my loan’s principal?
Yes, by selecting the “Minimum monthly payment + additional $____”
option. You can elect to make additional payments to apply them
toward your principal balance. The additional dollar amount you
provide will not change until you notify us in writing.
What happens if I want to switch the account from which my
payments/deposits are being made?
For your automatic transfers to continue without interruption,
complete Part A of this form and turn it in at least 5 business days
before the scheduled transfer date.
What happens if there’s not enough money in my account
to cover the transfer?
If your account does not have enough money to cover the transfer,
you must make a manual payment as soon as possible. The manual
payment can be made by mail or at any American Savings Bank
branch. Payments made after the due date may incur a late fees.
How do I cancel my automatic transfers?
Complete Part B of this form, drop it off at any ASB branch or mail to:
American Savings Bank; Attn: ACH Services; PO Box 2300; Honolulu,
HI 96804-2300 at least 5 business days before the scheduled transfer
date.
Can I schedule automatic transfers online?
Yes, if you are an ASB Online Banking customer, scheduling transfers
online is quick and easy, see instructions on this page. Sorry, at this
time we do not offer online automatic payments to mortgage loans,
please complete an “Automatic Payments and Transfers” form. You
can also use our Online Banking service to change or cancel your
automatic transfers should your needs change in the future.
What if my scheduled transfer date falls on a weekend
or holiday?
Transfer dates that fall on a weekend or holiday will post on the
next business day.
Who can I contact if I have more questions?
Please call our Customer Banking Center during business hours at
(808) 627-6900 or toll-free (800) 272-2566 or stop by your nearest
ASB Branch.
Loan Payments were being automatically debited from a
decedent’s account. Will that continue?
Automatic payments made from a joint owned account, where the
joint owners remains liable for the debt under the loan will continue
without change. All other automatic payments may be disconnected
when we receive notification of the customers death.
It’s quick and easy to set up automatic transfers between
your ASB Accounts:
1. Log in to Online Banking and select Transactions.
2. Select Transfer Money.
3. Choose the account you want to transfer money from, the
account you want to transfer money to, the amount, and
the date you would like the transfer to occur.
4. Click on the "Make this a recurring transaction" checkbox
if you would like to schedule a recurring transfer. Next,
select the frequency and the start and end dates.
5. Click on the Transfer Funds button.
Automatic transfers from/to another financial institution:
1. Log in to Online Banking and select Transactions.
2. Click on the Add External Account.
3. You will need your account and routing number from your
other financial institution. These numbers can be located
towards the bottom of a paper check.
4. For security purposes, you will be asked to verify your
ownership of the external account via 2 small micro
deposits made to your account.
5. You should then receive micro deposits in approximately
3 business days deposited to the external account to show
the process has been initialized.
6. Once you see that you have received these deposits, go
to Transactions > Verify External Account to enter the
amounts and activate your external account.
Now you can transfer money between an ASB and
external account.
7. Select Transfer Money.
8. Choose the account you want to transfer money from, the
account you want to transfer money to, the amount, and
the date you would like the transfer to occur.
9. Click on the "Make this a recurring transaction" checkbox
if you would like to schedule a recurring transfer. Next,
select the frequency and the start and end dates.
10. Click on the Transfer Funds button.
Setting up Online Banking transfers:
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