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Automatic Payment Transfer Letter

Use the letter in the link below to transfer your automatic payments from your old account to your new Principal Bank account.

Simply enter your information in the fields and then print your letter.

Remember, online BillPay is free, and allows you to decide the date and amount of payment withdrawn from your account, unlike automatic withdrawals.

Note: You will also need to complete an Automatic Payment Authorization form to send with this letter in order to provide the necessary information to your vendor to begin having your payments withdrawn from your new Principal Bank account.

 Go to the letter (PDF: 16 KB)

Related Links

Account Conversion Checklist
Receive suggestions on steps to close your old and open your new account. Keep this checklist handy as you complete the account conversion steps.

Go to Account Conversion Checklist

Forms and Letters
To start, stop or transfer automatic payments, just select the form as well as a cover letter to your vendor explaining the change in your account relationship

Go to Forms and Letters

Customer Service
Principal Bank's online Customer Service Center offers tools to complete many functions for your ongoing banking needs

Go to Customer Service

 

Have a question? Contact a bank customer service representative at 1.800.672.3343 or via e-mail.

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