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 Blank With Signature In Illinois
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Signing up for Direct Deposit is easy. More than two secondary accounts will require an additional form to be completed and signed.Signature (required to validate this request). Date. Direct Deposit Sign Up. Direct Deposit allows State of Illinois payees to electronically receive their payments. To enroll in direct deposit, complete this form and submit it to the Payroll Department. Attach a Void check for each checking account, not a deposit slip. Signature Authorization to Cancel Direct Deposit.
