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Auto Debit Arrangement (ADA) for Auto Loans FAQs

Enjoy hassle-free auto loan payments via Auto Debit Arrangement (ADA). By enrolling in ADA, your monthly loan payments are automatically deducted from your bank account—so you never have to worry about due dates or missed payments.

1. What is an Auto Debit Arrangement (ADA)?
An ADA is a convenient and secure setup where your monthly auto loan payments are automatically deducted from your bank account on your due date. By enrolling, you no longer need to remember payment due dates or visit payment channels each month.

2. What are the benefits of setting up ADA?
Setting up ADA allows you to:

  • Avoid missed or late payments
  • Save time – no need to pay manually every month
  • Enjoy peace of mind knowing your payments are automated
  • Ensure timely loan repayment, which helps maintain a good credit standing

3. How do I enroll in ADA?
To enroll, simply follow these steps:

1. Open a Savings/Checking account in EasyWay today. It only takes few minutes to fill up, and account can be successfully activated within 1-2 business days.  APPLY NOW
 2. Complete*, sign and submit the ADA form available at the branch or dealer processing your auto loan. If you already have a deposit account with us, you may nominate it for ADA.

* Your account number will be shown in EasyWay after the successful creation of your Savings/Checking account.
Important Note: ADA utilizes your nominated deposit account, which is governed by the Bank’s Deposit Account Terms & Conditions

4. When will my ADA become effective?
Your ADA will take effect after the signed form has been received, verified, and successfully processed.
Important Note: Please make sure your nominated account has sufficient funds by the due date to prevent failed deductions or possible penalty charges

5. Who can I contact if I have any questions?
The branch or dealer processing your auto loan application can assist you with any questions and provide guidance on your loan, account opening, and ADA submission instructions.

For general inquiries, you may contact Customer Service at 8888-1700 or email service@eastwestbanker.com.