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 Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
Print your account number EXACTLY as it appears on your checking or savings account. Fill in today's date.Discover the benefits of automated payments with direct deposit at Philadelphia Federal Credit Union in Philadelphia PA. Open a checking account today. Include your bank's ABA routing number (available from your bank). Attach a voided check if you want direct deposit to your checking account. DIRECTIONS. To sign up for Direct Deposit, the payee is to read the back of this form and fill in the information requested in Sections 1 and 2. Can I Use Direct Deposit for Multiple Accounts? Yes, you can use Direct Deposit for multiple bank accounts if the organization or employer allows it. PA SCDU Direct Deposit Enrollment Form. Please fill in the requested information below.
