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 Routing And Account Number In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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For your added convenience, Santa Clara COE will allow employees to authorize automatic payroll deposits into their checking or savings accounts. You will need the following information to complete the Direct Deposit Enrollment Form: 1.The name of your Bank. 2. All you need to get started is the Broadway Bank routing number and your account number. Employees must attach a voided check for each of their accounts to help verify their account numbers and bank routing numbers. Get routing numbers for Wells Fargo checking, savings, prepaid card, line of credit, and wire transfers or find your checking account number. Please mail or fax the form to: Santa Clara University, Accounts Payable. Direct Deposit Update.
