Direct deposit is a process where someone who is going to be paid on a recurring basis, such as an employee, or a recipient of a government entitlement or benefit program such as social security, is sent the payment owed to them into their checking or savings account. The reasons for doing this include:
- Instant access to the funds via an ATM or check card;
- A check can be lost or stolen anywhere between the sender and the intended payee;
- Payments made electronically can be less expensive to the payor.
Direct deposit eliminates mailing delays and alleviates the need to go somewhere to cash or deposit your check.
Direct Deposit Form Document For Employees In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
• Set-up your payroll Direct Deposit. • Direct Deposit is mandatory for all employees.Direct deposit authorization forms are available online, usually through your payee's online account access, or from a local bank branch. To enroll in Expense Reimbursement Direct Deposit, simply fill out this form and return it to the Accounting Department. • Direct Deposit Authorization. • Dental Plan Summary Description. Provide First and Last Name. 2.
