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 Signature In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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What Is This Form For? If you would like to begin Direct Deposit or modify how your funds are distributed, you must complete Form AC 2772 with your banking information.Complete all the information below. Sign and date the bottom of the form. Fill out this section to begin or change your direct deposit. If you are canceling your direct deposit, leave this section blank. In signing this form, I authorize my NYS salary payment to be sent to the designated financial institution(s) to be deposited into the specified account(s), and. • Complete the information below. 1. Please complete the Authorization Agreement and Bank Information sections of this form. 2.
