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 Without Voided Check In Minnesota
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
Learn how you can set up direct deposit without a voided check. Use a blank check and right VOID on the signature line.Instructions for completing this form are on the back. State Benefits Specialist. You can view and update your direct deposit information using Self Service. Do I need a voided check to set up direct deposit? No. You do not need a voided check to set up direct deposit. Enter the name associated with either the FEIN or SSN listed on the form. 2. If you're unable to set up direct deposit digitally or obtain a prefilled form, you can download our Direct deposit form to fill out.
