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 Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
You CAN call the bank and ask for help. Some FIs even offer logged in customers the option to create prefilled Direct Deposit forms, which makes the process extra easy.Do I need a voided check to set up direct deposit? No. You do not need a voided check to set up direct deposit. When you turn in the agreement form, please be sure to attach a voided check for the account you have indicated on the form. If you have checks you can write "void" over one and just give that to your HR department. If your payer doesn't have a form for you to use, you can use ours. Use Our Direct Deposit Enrollment Form. With our Direct Deposit services, your employer fast-tracks the payments into your account, making your schedule a bit more manageable. Learn more about how direct deposits work and how to set one up so that your checks are deposited into your account automatically.
