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 Georgia
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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Any Direct Bank Deposit Authorization form received, in the Payroll Office, after the 4th business day of the pay period will be processed the next pay period. Download a blank direct deposit template using the button above.PSS allows employees to enroll in direct deposit for up to three bank accounts. The form is where the employee gives you permission for direct deposit and provides the bank information that you'll need to send them money. Check with your employer's payroll office, you may be able to set up your direct deposit through an online portal. If not: Complete a direct deposit form.
