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 Fairfax
Category:
State:
Multi-State
County:
Fairfax
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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If you are retired and either need to set up or change your direct deposit information, please use this form. INSTRUCTIONS: Enrollment in direct deposit, complete this form and submit back to your hiring department.Phone FAX . 6.2018. Direct Deposit Authorization Form. Complete this section only if you want to start, cancel or change the amount of a savings or discretionary allotment - see instructions on back of form. You can set it up ahead of time and relieve the stress of having to come in to a branch.
