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 Multiple Accounts In Michigan
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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PART 2-6: ACCOUNT INFORMATION. When you have more than one account, you can change the Flat Amount, or the Percentage of Net Pay deposited to any account other than your default account. 1.(Identify one case number, but multiple cases may be paid in a single deposit.) Number. County. Bank Name: Bank Routing Number: Bank Account Number: Checking. Bank Name: PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Download Michigan Direct Deposit Authorization template, modify and send for signing using BoloForms Signature. Social Security Number. Case ID or Court Case (Docket) Number. To distribute to more accounts, please complete another form.
