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 Cra In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Part A: Identification information. Select "Set up direct deposit with CRA.If completing Part C of this form, account routing information can be obtained from the financial institution into which direct deposit payments are to be made. Go to the CRA form linked below and fill out the required details. 2.
