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 Multiple Accounts In San Bernardino
Category:
State:
Multi-State
County:
San Bernardino
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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One (1) account is allowed on this form. If more than one (1) account is desired, use EMACS Self-Service.Make sure only one account type, Checking or Savings, is checked. List name of the Financial Institution. To set up direct deposit, you'll need important information such as your account number and routing number. View the full details at CU SoCal. Bank Name: PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Please indicate if you are authorizing a direct deposit to either a Savings. Account or a Checking. Account. Fill out the direct deposit form.
