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 For Employees In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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Did you remember to attach a voided check or bank slip? Choose one account for direct deposit.In signing this form, I authorize my NYS salary payment to be sent to the designated financial institution(s) to be deposited into the specified account(s), and. Instructions for completing this form are on the back. Please print clearly and use black ink. Below is a list of frequently requested Human services forms. Click on the form to complete and print.
