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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.
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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