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 Check In Ohio
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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Enter the complete name and address of the company or individual participating in the EFT program. Looking to set-up direct deposit with a voided check?Learn multiple ways to void a check, and what to avoid. You have the option to submit this form online, or print, fill, and mail a PDF copy along with a voided check. Completing the form. Bank name and branch or location (if applicable). Fill out a Direct Deposit Form. Make sure to include your Farmers State Bank account number and routing number on the form.
