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 Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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Fill out the enclosed form. 2. Attach a VOID check or a copy of a check from your account. 3.There are two ways to enroll into Direct Deposit: Fill Out and Mail the SOC 829 Form. Bank Name: PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Fill this form out and turn in to your employer. How to Complete this Form. 1. You must send a blank preprinted voided check (write "void" across the check) with this form in order for direct deposit to be setup.
