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 Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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Complete Form FI 21: • Sign and date the form. This authorization form is critical for organizations to utilize the efficiency of direct deposit, as well as to stay legally compliant in their payroll.By mail: UnitedHealthcare, P.O. Box 30516, Salt Lake City, UT 84130​. Mark 'New' for the type of direct deposit account you want to establish: Main Checking, Main Savings, Other Checking, or Other. Savings. 2. Use this form to establish electronic direct deposit of eligible expense reimbursements into your personal bank account. From that of your checks. (Please include a copy of your voided check in the space below). For deposits into a checking account: YOU MUST ATTACH a pre-printed unaltered blank check (or copy of check) that has been marked "VOID". This ensures the funds will be in your bank account on payday and avoids any mailing delays and lost checks. Salt Lake City, Utah 84130.
