; USA Assignment of Savings Account
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USA Assignment of Savings Account

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Transfer and assign a savings account in a USA bank with this Assignment of Savings Account form. - The party who has set up the savings account (the assignor) assigns and transfers the account and all funds deposited into the account to a third party (the assignee). - An assignment of this type would typically be made to a lender or creditor, as security for repayment of a loan or other indebtedness. This USA Assignment of Savings Account form is in MS Word format and is easy to download and use.

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  • pg 1
									                        ASSIGNMENT OF SAVINGS ACCOUNT

For value received, I, _________ (insert full legal name of person/company assigning the
savings account) (the “Assignor”) of __________________ (insert street address, city, state &
zip code), transfer and assign to __________________ (insert full legal name of person/company
being assigned the savings account), (the “Assignee”) of __________________ (insert street
address, city, state & zip code) as Assignee, Savings Account Number __________________
(insert number) in my name with _________ (insert name of financial institution, street address,
city, state & zip code) and all moneys due or to become due thereunder.


I hereby authorize __________________ (insert name of financial institution) to pay over to
Assignee this sum out of moneys deposited in my name in the above-mentioned account.


I warrant that I have made no prior transfer or assignment of any part of the account assigned
hereby and that the balance thereof is now at least _________ (insert balance of savings account
in words) Dollars ($_____________) (insert dollar value) as of the ____ day of
__________________, __________.


I have delivered to Assignee herewith the savings passbook issued in connection with this
account, and I authorize Assignee to ask for, dem
								
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