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 Nys Employees In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
More info
How to Complete This Form. This form is fillable.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. To enroll in Direct Deposit, please print, complete the Direct Deposit Enrollment form and submit to your campus payroll department. Human Resources Office. Examples are provided below demonstrating how to complete these sections for different types of direct deposit transactions and combinations of transactions. To enroll in direct deposit or add an account, place a check mark in the account type (checking or savings)and in the "New or Additional" column.
