The Automatic Deposit Form is a fundamental banking document used in New Zealand's financial system to establish recurring deposit arrangements. This form is essential when account holders need to set up regular, automated deposits from their accounts to other specified accounts. It includes crucial information such as account details, deposit frequencies, amounts, and duration of the arrangement. The document ensures compliance with New Zealand banking regulations, including the Banking (Prudential Supervision) Act 1989 and Anti-Money Laundering requirements. It serves both individual and business customers and can be used for various purposes such as savings programs, investment contributions, or regular payments to third parties. The form includes necessary authorizations and terms to protect both the financial institution and the customer.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Customer Information: Details of the account holder including full name, contact information, and identification details as required by AML regulations
2. Bank Account Details: Primary account information from which automatic deposits will be made
3. Deposit Instructions: Specific details about the automatic deposit including amount, frequency, start date, and duration
4. Recipient Account Information: Details of the account(s) receiving the automatic deposits
5. Authorization: Customer's authorization for the bank to process automatic deposits and acknowledgment of terms
6. Bank Use Section: Administrative section for bank staff to verify customer identity and process the form
1. Joint Account Authorization: Additional authorization section when the account is jointly held, requiring all account holders' signatures
2. Business Entity Details: For business accounts, including business registration details and authorized signatories
3. Special Instructions: Section for any specific conditions or instructions for the automatic deposits
4. International Transfer Details: Additional information required for international automatic deposits, including SWIFT codes and correspondent bank details
5. Direct Debit Authority: Required when the automatic deposit is linked to a direct debit arrangement
1. Terms and Conditions: Standard terms and conditions governing the automatic deposit service
2. Fee Schedule: Detailed breakdown of applicable fees and charges for the automatic deposit service
3. Privacy Statement: Details of how customer information will be collected, used, and protected
4. Cancellation Form: Form for future cancellation or modification of the automatic deposit arrangement
Relevant legal definitions
Account
Account Holder
Authorized Signatory
Automatic Deposit
Bank
Banking Day
Beneficiary Account
Business Day
Cleared Funds
Commencement Date
Deposit Amount
Deposit Frequency
Direct Debit
Electronic Banking
Fees
Financial Institution
Joint Account
Notice
Payment Date
Personal Information
Processing Time
Recipient Account
Reference Number
Service
Source Account
Standing Order
Terms and Conditions
Transaction
Transfer
Working Day
Account Holder
Authorized Signatory
Automatic Deposit
Bank
Banking Day
Beneficiary Account
Business Day
Cleared Funds
Commencement Date
Deposit Amount
Deposit Frequency
Direct Debit
Electronic Banking
Fees
Financial Institution
Joint Account
Notice
Payment Date
Personal Information
Processing Time
Recipient Account
Reference Number
Service
Source Account
Standing Order
Terms and Conditions
Transaction
Transfer
Working Day
Clauses
Account Authorization
Service Terms
Payment Instructions
Privacy and Data Protection
Fees and Charges
Execution and Processing
Modification and Cancellation
Customer Obligations
Bank Obligations
Error Resolution
Force Majeure
Liability and Indemnity
Regulatory Compliance
Amendment of Terms
Termination
Governing Law
Dispute Resolution
Notices
Electronic Authorization
Information Security
Service Terms
Payment Instructions
Privacy and Data Protection
Fees and Charges
Execution and Processing
Modification and Cancellation
Customer Obligations
Bank Obligations
Error Resolution
Force Majeure
Liability and Indemnity
Regulatory Compliance
Amendment of Terms
Termination
Governing Law
Dispute Resolution
Notices
Electronic Authorization
Information Security
Relevant Industries
Banking and Financial Services
Retail
Professional Services
Healthcare
Education
Real Estate
Manufacturing
Technology
Non-Profit Organizations
Government and Public Sector
Small Business
Corporate Enterprise
Relevant Teams
Operations
Customer Service
Compliance
Legal
Product Management
Account Management
Business Banking
Personal Banking
Digital Banking
Risk Management
Branch Operations
Treasury
Client Relations
Documentation
Relevant Roles
Bank Branch Manager
Personal Banking Officer
Business Banking Manager
Financial Services Representative
Compliance Officer
Account Manager
Banking Operations Manager
Customer Service Representative
Financial Advisor
Treasury Manager
Payroll Manager
Finance Manager
Banking Administrator
Relationship Manager
Product Manager - Banking Services
Find the exact document you need
Photograph Release Form
A New Zealand-compliant legal document that establishes permissions and terms for the use of photographs, protecting both photographer and subject rights under NZ law.
find out more
Online Credit Card Authorization Form
A New Zealand-compliant Online Credit Card Authorization Form for secure collection and processing of credit card payment authorizations.
find out more
Parent Consent Form
A New Zealand-compliant legal document for obtaining parental authorization for activities or services involving minors.
find out more
Authorization Letter To Collect Cheque Book
A New Zealand-compliant formal letter authorizing a designated person to collect a cheque book from a bank on behalf of the account holder.
find out more
Authorization Letter For Car Use
A New Zealand-compliant legal document authorizing a specified individual to operate a vehicle owned by another party, establishing terms and conditions for use.
find out more
Authorization Letter To Claim Scholarship Allowance
A New Zealand-compliant authorization letter that enables a designated person to claim scholarship allowance on behalf of a student, following local education and privacy regulations.
find out more
Authorization Letter To Pick Up Parcel
A New Zealand-compliant formal letter authorizing a designated person to collect a parcel on behalf of the rightful owner.
find out more
Authorization Letter To Use Credit Card
A New Zealand-compliant formal document that authorizes a designated person or entity to use the cardholder's credit card under specified conditions.
find out more
Approval Permission Letter To Conduct Research
A formal New Zealand regulatory document granting permission to conduct specific research activities, subject to defined conditions and compliance requirements.
find out more
Authorization Agreement
A New Zealand-compliant legal document that establishes an agent's authority to act on behalf of a principal, defining the scope and terms of the authorization.
find out more
Authorization Letter On My Behalf
A New Zealand-compliant formal document that authorizes another person or entity to act on behalf of the grantor, specifying the scope and duration of delegated powers.
find out more
Consent To Treat Minor Without Parent
New Zealand legal document authorizing medical treatment for minors without parent presence, compliant with local healthcare regulations and the Care of Children Act 2004.
find out more
Salary Deduction Form
A New Zealand-compliant form authorizing regular deductions from an employee's salary or wages, including statutory requirements for employee consent and deduction details.
find out more
Authorization Letter For Claiming Package
A New Zealand-compliant authorization letter enabling a designated person to collect a package on behalf of the rightful owner.
find out more
Authorization Letter For Cheque
A New Zealand-compliant legal document authorizing a designated person to handle cheque transactions on behalf of an account holder.
find out more
Authorization Letter To Withdraw Money On My Behalf
A New Zealand-compliant authorization letter granting specific authority to withdraw money from the account holder's bank account, subject to defined conditions and limits.
find out more
Direct Debit Authorisation Form
A New Zealand-compliant authorization form allowing organizations to collect payments directly from customers' bank accounts, subject to Payments NZ rules and local banking regulations.
find out more
Client Authorisation Form
A New Zealand-compliant document that formally authorizes a professional service provider to act on behalf of a client, setting out the scope and terms of the authorization.
find out more
Collection Authorisation Form
A New Zealand-compliant legal document authorizing debt collection activities, specifying the terms and conditions under which a creditor may pursue debt recovery.
find out more
Authorization Letter To Transfer Money To Another Account
A New Zealand-compliant formal document authorizing a bank to transfer specified funds from one account to another, including all necessary details and authorizations.
find out more
Authorization Letter For Receiving Money
A New Zealand-compliant legal document authorizing a designated person or entity to receive money on behalf of another party.
find out more
Authorization Letter To Sell Property
A New Zealand legal document authorizing a designated party to sell property on behalf of the owner, compliant with NZ property law.
find out more
Automatic Deposit Form
New Zealand-compliant banking form for setting up automatic deposit arrangements between accounts.
find out more
Authorization Letter For Payment On Behalf
A New Zealand-compliant legal document authorizing a designated person or entity to make payments on behalf of another party.
find out more
Authorization Letter For Opening Bank Account
A New Zealand-compliant authorization letter that delegates authority to open and operate a bank account, meeting local banking regulations and AML requirements.
find out more
Authorization Letter For Internet Connection
A formal letter governed by New Zealand law authorizing an internet service provider to install and activate internet services at a specified location.
find out more
Authorization Letter For Check Encashment
A New Zealand-compliant legal document authorizing a designated individual to encash a specific check on behalf of the account holder.
find out more
Third Party Release Form
A New Zealand-compliant legal document that releases one party from liability or claims by another party, incorporating local statutory requirements and protections.
find out more
Third Party Credit Card Authorization Form Hotel
A New Zealand-compliant authorization form allowing third-party credit card payments for hotel accommodations and services.
find out more
Third Party Credit Card Authorization Form
A New Zealand-compliant legal form allowing credit card holders to authorize third parties to use their credit card for specified purposes under local privacy and financial regulations.
find out more
Third Party Authorization Form
A New Zealand-compliant legal document that grants specific powers to a third party to act on behalf of the principal party.
find out more
Tenant Authorization Letter
A New Zealand-compliant legal document authorizing a designated person to act on behalf of a tenant in tenancy-related matters.
find out more
Payroll Deduction Form
A New Zealand-compliant form authorizing regular deductions from employee wages, including KiwiSaver, taxes, and other agreed payments.
find out more
Payroll Deduction Authorization Form
A New Zealand-compliant form authorizing employers to make specific deductions from an employee's wages or salary, in accordance with local employment laws.
find out more
Signature Authorization Form
A New Zealand-compliant legal document that formally delegates signing authority from one party to another, establishing the scope and terms of the authorization.
find out more
Return Authorization Form
A New Zealand-compliant document for processing product returns, capturing customer details, product information, and return specifications in accordance with local consumer protection laws.
find out more
Payroll Authorization Form
A New Zealand-compliant form authorizing employer payroll processing, including payment arrangements and statutory deductions.
find out more
Payment Authorization Form
A New Zealand-compliant form authorizing one-time or recurring payments from a bank account, including payment terms and privacy provisions.
find out more
Passport Authorization Form
A New Zealand government-regulated form for passport application or renewal, administered by the Department of Internal Affairs under New Zealand law.
find out more
Owner Authorization Form
A New Zealand legal document that authorizes a designated party to act on behalf of a property owner, outlining specific powers and responsibilities under NZ law.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)