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 Name In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Most of the information required to complete the Direct Deposit Authorization Form is printed on the payee's checks or deposit tickets. Please note: We cannot accept Direct Deposit information for prepaid cards.Only a checking or savings account drawn on a bank will be accepted. Town of Hillsborough. This form authorizes the Early Learning Coalition of Hillsborough County to deposit payments directly into the bank account. Just fill up the form below and attach a voided check for each account. Complete BOTH sections below and return this form, ONLY if you wish to enroll in Direct Deposit. 2. Your name must appear on your bank or credit union account. The Direct Deposit For Job form serves as an authorization for employers to deposit an employee's compensation directly into their specified bank account. D Direct Deposit Form (Optional): Please attach a voided check and sign form.
