The Direct Deposit Form Document for NYS Employees in Fulton is designed to facilitate electronic payments to employees' bank accounts. It serves to authorize the employer to initiate debit and credit entries to the designated bank account. Users must complete the form by providing their personal details, financial institution information, account numbers, and a voided check to verify their account. This authorization remains active until the employee notifies their bank and employer in writing for cancellation, which will take effect within five business days after any pending transactions have cleared. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, enabling efficient payroll management and prompt payment processing. By implementing this direct deposit agreement, legal professionals can ensure their employees receive timely funds, contributing to overall financial organization and employee satisfaction. Clear instructions are provided for filling out and submitting the form to avoid common errors and ensure compliance with payroll regulations.