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 With Multiple Accounts In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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Download a blank direct deposit template using the button above. Please complete all fields below.PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. They need your banks information-your account number and the banks routing number so that your paycheck will automatically be put into your account. (CIRI) that I am an owner of this account. Use an online portal or request a direct deposit form from your employer or a financial institution. (CIRI) that I am an owner of the bank account listed above.
