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 For Work In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
Village of Royal Palm Beach. A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account.Employee Direct Deposit Banking Authorization Form. D. Authorization and Signatures: By signing this authorization below, I authorize the Palm Beach County Housing Authority to directly deposit funds owed. Below is a list of forms that you may download for free from our website. SCCU members with a Free Checking or Interest Checking account are eligible to receive their direct deposits up to two days early. INSTRUCTIONS: Employee must complete Section 1, date and sign.
