The Direct Deposit Agreement form facilitates the electronic transfer of funds from an employer to an employee's designated bank account. This document serves as a means for employees to authorize their employer to initiate electronic debit and credit entries, ensuring an efficient and secure way to receive payments. One of the key features of the form is its ability to maintain clear and accurate accounting by allowing for adjustment entries as needed. Users are instructed to provide their financial institution details, including the routing number and account number, and specify the direct deposit amount per pay period. It is also important for users to attach a voided personal check for verification purposes. This agreement remains valid until the employee provides written notice to terminate it, which must comply with a five business day notice period. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the Bronx, as it streamlines payroll processes and enhances financial management within legal practices. By using this form, professionals can promote efficiency and optimize creative workflows in their operations.