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 Multiple Accounts In Fairfax
Category:
State:
Multi-State
County:
Fairfax
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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If you wish to split your direct deposits between 2 bank accounts, please use this form. Secondary Direct Deposit.I authorize the County of Fairfax, Virginia and the Depository listed above to deposit my net pay automatically into my account each payday. Bank Name: PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Fill in the information below and take the completed form along with a voided check from your NextMark account to your company's payroll department. DIRECTIONS. To sign up for Direct Deposit, the payee is to read the back of this form and fill in the information requested in Sections 1 and 2.
