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 Format In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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To set up a direct deposit, complete and return the Electronic Funds Transfer (EFT) Form (Form 209). Contra Costa Community College District.1) Your financial institution must accept ACH payments. 2) You must sign and complete the "HACCC Direct Deposit Authorization. Financial Institution Routing Number. Purpose of the form: Use this form to authorize or cancel direct deposit of your CCCERA benefit payments to a financial institution or trust account. The paper enrollment form is still available on the CDSS website for those who want to use it. Use of direct deposit in either format is highly encouraged. Please allow 46 weeks before receipt of electronic deposits. Check One: EFT Enrollment.
