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 Blank Format In California
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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Select the account type for your direct deposit. Checking. Savings. Joint (If so complete Section 3).General Instructions: (1) Fill out and sign this form, (2) Attach a voided check for each checking account (not a deposit slip),. To enroll in Direct Deposit, complete this form as follows: General Instructions. • Complete Sections A, B, C and D. Specific Instructions. ✓ A valid email address is required in order to establish direct deposit. ✓ A blank voided check from your bank account must be attached to this form. To set up direct deposits: Create a template within Business Digital Banking. To enroll in Direct Deposit, complete this form as follows: General Instructions. •. •. Direct Deposit Authorization Form (PDF, MS Word, Open Document Text).
