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 Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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D. Authorization and Signatures: By signing this authorization below, I authorize the Palm Beach County Housing Authority to directly deposit funds owed. You CAN call the bank and ask for help.Village of Royal Palm Beach. By signing this form, I authorize payments to be sent to the financial institution named above to be deposited to the designated account. This authorization form is critical for organizations to utilize the efficiency of direct deposit, as well as to stay legally compliant in their payroll. Learn how you can set up direct deposit without a voided check. Your employer may require a voided check or deposit slip to be included with their own Direct Deposit form. DIRECT DEPOSIT AUTHORIZATION Please print and complete ALL the information below. Typically, an employer requesting authorization requires a voided check to ensure the account is valid.
