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.
Blank Direct Deposit Form With Name In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Student Name (please print). Attach voided check or a letter from the bank stating routing and account number for each bank.Complete this form. •. For checking accounts - You MUST attach a voided personal check OR a direct deposit authorization form from your bank. Enter your TIN in the appropriate box. The TIN provided must match the name given on line 1 to avoid backup withholding. Complete BOTH sections below and return this form, ONLY if you wish to enroll in Direct Deposit. 2. Your name must appear on your bank or credit union account. The direct deposit forms for faculty and staff can be found at or in the Payroll Office. Students should contact the Office of Student Employment.
