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 Editing In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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If you desire to have the funds transferred electronically into your checking account or savings account, please fill out the attached form. Cancel email notification.My email address is: Direct Deposit - sign up to have payments disbursed to the checking or savings account listed below. To add an account click on the link at the bottom of the list. Then complete the form shown below and hit save. You can click here to go directly to the Direct Deposit Authorization Form for non-Traineeship payments or read-on for more information. My529 forms and documents can be accessed online or downloaded as PDFs.
