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 Signature In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
1. Complete the "WORKER - Required Information" section. 2. Complete all the information below.Sign and date the bottom of the form. Confused about direct deposit? Learn about authorization forms, direct deposit setup, and software that can streamline the process in this guide from Eddy. 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. Provide Social Security Number. 4. DIRECTIONS. To sign up for Direct Deposit, the payee is to read the back of this form and fill in the information requested in Sections 1 and 2. Fill out this section to begin or change your direct deposit.
