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Preauthorzed Letter of Credit

The document is a notice authorizing ABC Corporation to use $49,000 from John Doe's private setoff account to settle his account number. It includes John Doe's registration number, setoff account number registered with the Treasury, and his signature authorizing the preauthorized use of credit to pay off the attached billing statement or payoff notice.

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lakeshia1lovinglife1
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2K views1 page

Preauthorzed Letter of Credit

The document is a notice authorizing ABC Corporation to use $49,000 from John Doe's private setoff account to settle his account number. It includes John Doe's registration number, setoff account number registered with the Treasury, and his signature authorizing the preauthorized use of credit to pay off the attached billing statement or payoff notice.

Uploaded by

lakeshia1lovinglife1
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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REGISTRATION# (CERTIFIED MAIL# 1111 1111 1111 1111 1111 RRR)

John Henry Doe


c/o [Mailing address] [Address]

Steven Terner Mnuchin, Trustee


US Department of the Treasury 1500
Pennsylvania Avenue, NW Washington, DC 20220
Re: Account #

Date

NOTICE OF PREAUTHORIZED USE OF CREDIT

Certified # [# used to mail acceptance to creditor]


Registration # [# use to mail this notice to Steven Terner Mnuchin]

Mr. Mnuchin:

I hereby authorize ABC Corporation to use my exemption, through FedWire through the TTL
account of Claimant’s Bank, to settle the above-referenced account, by adjustment and offset
through the undersigned’s private Setoff Account, as follows:

Credit to the Order Of: ABC Corporation

Amount: Forty Nine Thousand Dollars and 00/100 $ 49,000.00


[value written in words] and no/100 Account # [to be supplied by current
beneficiary. Example: Payoff Statement]

For Further Credit To: [Account number from bill or presentment]

Debtor: JOHN H DOE 123-45-6789

Setoff Account# 123456789 - [closed account # SSN without Dashes]


***Registered with the Department of the Treasury «Original Registered Mail # from
Bond held by Secretary of the Treasury»***

Please use my private Set-Off Account for the adjustment of fees associated with this
authorization.

By___________________________
John Henry Doe Bond# 123456789
Attachments:

copy of [whatever was accepted and returned with a $ amount on it. Example :Billing Statement,
Payoff Notice] cc: file

Void Where Prohibited by Law

NOTICE OF PREAUTHORIZED USE OF CREDIT

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