At Adams Bank & Trust we are here to help you reach your goals. We have been helping our customers since 1916 and we aren't stopping anytime soon. Let's get started with your switch today!
THIS PERSONAL SWITCH KIT INCLUDES
• 5 Steps to Switch to Your AB&T Account
• Switching Worksheet
• Switching Forms
• Transition Checklist
HOW TO SWITCH YOUR ACCOUNT IN 5 STEPS
Completing these steps within 30 days will help minimize interruptions.
BEGIN USING
YOUR
NEW AB&T CHECKING ACCOUNT
STEP 1
Signing up for Online Banking is a great way to get started using your new AB&T account. To sign up for Online Banking, visit abtbank.com.
DISCONTINUE THE USE OF YOUR OLD ACCOUNT
STEP 2
STEP 3
Your old account only needs to be active and appropriately funded until all outstanding checks have cleared and other automatic payments have been switched.
Tip: Remember to shred any unused checks, deposit slips, debit cards, and ATM cards to reduce the risk of accidentally using your old account.
SWITCH YOUR RECURRING PAYMENT ACTIVITY
You may have automatic transactions occurring to make payments or receive deposits, and you'll need to redirect them to/from your new AB&T account. We can help with this!
• Incoming deposits Using the worksheet on page 3, list who sends you automatic payments.
• Outgoing payments Using the worksheet on page 3, list what payments and services are automatically debited from your account.
Tip: Written notice forms are on page 7.
NOTIFY
YOUR KEY
PROFESSIONAL SERVICE PROVIDERS
STEP 4
Inform your key professionals: accountants and insurance agents of your switch, providing them with the appropriate information.
You can find a Professional Services Partner form on page 8.
CLOSE YOUR OLD ACCOUNT
STEP 5
Once all of your checks have cleared and automatic transactions have stopped posting to your account, you can now close your old account.
Tip: You can find an Account Closing Request form on page 9.
SWITCHING WORKSHEET
This worksheet is designed for you to keep track of your information you need to close your old account(s) and switch recurring payments and deposits to your new AB&T account.
Your new AB&T business checking account information
Recurring deposits to your account (credits)
Recurring payments from your account (debits)
SWITCHING FORMS
Below are descriptions of each of the letters/forms and how they can help you. Your information is very sensitive. Consider shredding upon completion and avoid emailing documentation as it may not be secure.
Tip: Adams Bank & Trust cannot guarantee that these forms will be accepted in every instance. Your old bank, and/or your key professional services partners, may require you to make any or all of these requests in person or some other method.
REQUEST TO CANCEL AN AUTOMATIC PAYMENT
Use this letter to cancel an automatic payment from your old account. Review the information and then print, sign and mail this letter to the billing company or organization that receives your payment.
REQUEST TO SWITCH AN AUTOMATIC PAYMENT
Use this letter to switch an automatic payment from your old account and ask that your payment now be deducted from your new AB&T account. Review the information and then print, sign and mail this letter to the billing company or organization that receives your payment.
PROFESSIONAL SERVICES PARTNER NOTIFICATION
Use this letter to notify key professional services partners that your checking account has been switched to Adams Bank & Trust.
ACCOUNT CLOSING REQUEST
Use this letter to request the closure of your old account. Make sure all direct deposits or automatic payment(s) have been switched to AB&T or canceled before you close the account. Review the information and then print, sign and mail this letter once all switching activity is complete.
REQUEST TO CANCEL AN AUTOMATIC PAYMENT
RE: CANCELLATION OF AUTOMATIC PAYMENT
Account Number
I am revoking my authorization for you to deduct any automatic payments that are currently set up for the account number above.
Please change your records, effective immediately, so that my electronic payments to you are stopped from the account below:
Bank Name: ADAMS BANK & TRUS T
Account Number:
Routing Number: 104113958
Payment Amount:
If you have any questions regarding this request, please contact me at the phone number below. Thank you for your assistance.
REQUEST TO SWITCH AN AUTOMATIC PAYMENT
RE: BANK CHANGE FOR AUTOMATIC PAYMENT
Account Number
I currently have my electronic payment(s) deducted from the following account:
Bank Name:
Account Number:
Routing Number:
Please change your records, effective immediately, so that my electronic payment(s) are now deducted from my Adams Bank & Trust account.
Bank Name:
Account Number:
Routing Number:
Payment Amount:
If you have any questions regarding this request, please contact me at the phone number below. Thank you for your assistance.
RE: NOTIFICATION OF CHECKING ACCOUNT CHANGE
Account Number
This letter is being sent to notify you of my recent transition to Adams Bank & Trust. Please update your records, effective immediately, so that all activities are now directed to my new Adams Bank & Trust account.
Former Account Information:
Bank Name:
Account Number:
Routing Number:
New AB&T Account Information:
Account Number:
Routing Number:
If you have any questions regarding this request, please contact me at the phone number below. Thank you for your assistance.
ACCOUNT CLOSING REQUEST
RE: Request to Close Accounts Date
Please accept this letter as my written authorization to close the following account(s) at your financial institution. All of my transactions have cleared, and I have stopped all automatic debits and credits to my account.
Please close the following account(s):
Checking Account Number:
Authorized Signer:
Authorized Signer:
Checking Account Number:
Authorized Signer:
Authorized Signer:
Checking Account Number:
Authorized Signer:
Authorized Signer:
Savings/MMK Account Number:
Authorized Signer:
Authorized Signer:
Please issue a check for any remaining balances and send to my attention to the following:
Your prompt attention to this matter will be greatly appreciated. Thank you.
Signature Date
TRANSITION CHECKLIST
This form offers a quick and easy way to keep track of your status in the process of transitioning your account to AB&T. It is for your organization and reference only — not for external distribution.
ADAMS BANK & TRUST CHECKING OPENED
CHECKS ORDERED
ONLINE BANKING ENROLLMENT
AB&T DEBIT CARDS ACTIVATED
AUTOMATIC DEPOSITS SWITCHED
AUTOMATIC PAYMENTS SWITCHED
PROFESSIONAL SERVICES PROVIDERS SWITCHED
ALL CHECKS CLEARED
OLD ACCOUNT(S) CLOSED
OLD CHECKS, ATM/DEBIT CARDS DESTROYED
We want to make this process easy and seamless for you during this transition. If you have any questions or need assistance you can call us at 1.800.422.3488.
