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 Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Town of Hillsborough. Payroll Deduction and Direct Deposit Authorization Form.Provide all information on the Direct Deposit Payment Authorization Form. c. Complete and sign the Payee Certification. d. Just fill up the form below and attach a voided check for each account. Provide First and Last Name. 2. Please note: We cannot accept Direct Deposit information for prepaid cards. Only a checking or savings account drawn on a bank will be accepted. 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. D Direct Deposit Form (Optional): Please attach a voided check and sign form.
