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 Cuyahoga
Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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All accounts MUST be personal accounts in the provider's name. How would you like to receive this check?Harold E. Wilson Administrative Center. Complete the enclosed form and return it to EDEN with a voided check. Download a blank direct deposit template using the button above. 2. PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account.
