Section 4 – Instructions for distribution of funds
Loan account number To be paid in full Amount to be credited New limit amount
(where limit is
being reduced) Yes No if ‘no’
$ $
Loan account number To be paid in full Amount to be credited New limit amount
(where limit is
being reduced) Yes No if ‘no’
$ $
Loan account number To be paid in full Amount to be credited New limit amount
(where limit is
being reduced)
Yes No if ‘no’
$ $
Staff/Agent number Contact numberPrepared by (full name)
Staff/Broker details (Fax completed request to Mortgage Services immediately)
• Once you have moved (or changed your postal address), you can update your details on NetBank, by calling
132221 or visiting a branch.
• If you have insurance with CommInsure, and would like to make changes to the arrangements, contact
CommInsure on 132423.
• For further information relating to discharges, please visit commbank.com.au and search “Paying out your loan”.
• For more than four signatures, or if you need to provide us more information, photocopy the appropriate page
before completing details and attach to this request.
Section 6 – Borrowers Acknowledgement and Authority
Full name
✗
Signature of Borrower/Guarantor Date
Full name
✗
Signature of Borrower/Guarantor Date
Full name
✗
Signature of Borrower/Guarantor Date
Full name
✗
Signature of Borrower/Guarantor Date
• Declare the information given in this form is true and correct;
• Authorise Commonwealth Bank of Australia ABN 48 123 123
124 (‘CBA’) to discharge the mortgage over my/our property
detailed in this authority;
• Authorise CBA to hand all deeds and documents
connected with this authority to the Legal Representative
or Financial Institution (or their representative) and provide
any information or documentation they require about this
account and security(ies) in order to effect settlement;
• Authorise CBA to act on instructions from my/our nominee;
• Authorise CBA to vary my/our Credit Contract in accordance
with this Discharge/Refinance Authority;
• Acknowledge that, if CBA agrees to vary the Credit Contract
as set out in this authority, my/our Credit Contract will be
varied on the date of release or substitution of the Security;
• In exchange for the release of security referred to in Section
2, the Bank is to receive sufficient monies to clear/reduce
all debts.
Section 5 – Instructions for Line(s) of Credit
Only complete if the loan being discharged is a Viridian Line of Credit or Line of Credit and is in the name of one or more
individuals (not a company, trust, business or another non-personal entity).
Account is to be closed; or
Account is to remain open and be converted to Streamline Account; and
I/We have received the Transaction, Savings, and Investment Account Terms and Conditions and that my/our first
deposit to my Streamline Account indicates my/our acceptance of those Terms and Conditions.
Please tick (✔) appropriate box(es)
Note: If your account is to be closed please ensure all Direct Debits/Salary credits are changed.
Where there is money in excess of that required to repay/reduce my/our loans, including balance of any MISA, please deposit to
the following CBA account:
Account name
Account number
Where amount to be collected is being distributed to more than one account, provide details of distribution:
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