DD Form 2887. Application for the Department of Defense (DoD) Stored Value Card (SVC) Programs

DD Form 2887 is the Application for the Department of Defense (DoD) Stored Value Card (SVC) Programs. This form is used by military personnel to apply for a stored value card that can be used to make purchases at participating DoD facilities.

The main purpose of the form is to provide personal and financial information to the DoD in order to establish eligibility for the SVC program and to authorize the issuance of a stored value card. The form includes sections for the applicant's personal information, their military status, and their financial information.

Important fields in the form include the applicant's name, date of birth, social security number, and military status. In addition, the form requires information about the applicant's banking information and income. It is important to provide accurate and up-to-date information in these fields to ensure that the applicant is properly authorized to receive a stored value card.

The parties involved in the form are the applicant and the DoD. The applicant is responsible for providing accurate information and ensuring that they are eligible for the SVC program. The DoD is responsible for verifying the applicant's eligibility and issuing the stored value card.

When writing the form, the applicant will need to provide personal and financial information, including banking information and income. In addition, they may need to attach supporting documentation, such as a pay stub or bank statement.

Application examples of the form include making purchases at participating DoD facilities, such as military exchanges and commissaries. The form is necessary to establish eligibility for the SVC program and to authorize the issuance of a stored value card.

Strengths of the form include its ability to verify the eligibility of applicants and to ensure that only authorized individuals are able to participate in the SVC program. Weaknesses of the form include the potential for errors or inaccuracies if the applicant does not provide accurate information or if the supporting documentation is not properly reviewed.

Opportunities for improvement could include the implementation of online application systems that can help to streamline the process and reduce errors. Threats to the form include the potential for fraud or misuse if the applicant provides false information or if the stored value card is lost or stolen.

Related forms include the Military Star Card application and the Department of Defense Travel Card application, which are used for similar purposes but have different requirements and procedures. The main difference between these forms is the type of card that is issued and the specific benefits that they provide.

The form affects the future of the participants by providing access to the SVC program and the benefits of using a stored value card. Properly verifying eligibility and issuing stored value cards can help to ensure that only authorized individuals are able to participate in the program and receive the benefits that it provides.

The form is typically submitted to the DoD agency responsible for administering the SVC program. Once the stored value card is issued, it is stored in accordance with applicable laws and regulations.