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 Authorization Form Without Voided Check In Middlesex
Category:
State:
Multi-State
County:
Middlesex
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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You may be requested to include a voided deposit slip or check from your Middlesex Federal account. Some FIs even offer logged in customers the option to create prefilled Direct Deposit forms, which makes the process extra easy.To set up or switch payroll direct deposit, complete and submit this form to your Payroll or Human Resource Department. Login to Online Banking. (First 9 digits on the bottom of your check). You CAN call the bank and ask for help. To enroll in Direct Deposit, please print, complete the Direct Deposit Enrollment form and submit to your campus payroll department.
