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 Form Document For Chase In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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What information do I need to provide in order to set up direct deposit? Complete this form, then print it, sign it and take it to your employer's payroll department to request direct deposit of your paycheck.Customer name. Address. Once you have the form, you'll need to fill in your personal information, bank account number, and routing number. Save Time with Direct Deposit. Learn more about how direct deposits work and how to set one up so that your checks are deposited into your account automatically.
