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 Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Payroll support is available Monday-Friday, 8AM-5PM at 832.393. Direct Deposit Forms (Alphabetical).Note: Forms must be downloaded and opened using Adobe Acrobat Reader if you want to fill them out electronically. A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account. Direct Deposit is available to Lofton employees. To enroll, complete this form and mail, fax or bring to your local Lofton office. This file is a Direct Deposit Transfer Form used for establishing or changing direct deposit accounts. 1. Complete the Direct Deposit Authorization form. Enter all necessary information on the Authorization form (all owners and authorized signatories must sign).
