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 Check In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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You may choose to have deposits in up to 5 separate bank accounts. Please attach a voided check for checking accounts.Instructions for completing this form are on the back. Please print clearly and use black ink. Name of account holder and address must appear on check. Direct deposit signup is available to students through e-Services.
