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 Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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Provide all information on the Direct Deposit Payment Authorization Form. c. Complete and sign the Payee Certification. d.Please note all or part of each payroll check can be deposited directly into one or more bank accounts. Attach a voided check for each account. All or part of each payroll check can be deposited directly into one or more bank accounts. You will continue to receive your detailed Check that shows all. PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Bank Name: Account number: Routing number: Amount of Deposit: or. Net Pay. Checking. Savings. Other. 2. Please note: We cannot accept Direct Deposit information for prepaid cards.
