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 Blank With Multiple Accounts In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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Direct Deposit Authorization Form (74-176). Join the 8 out of 10 taxpayers who get their refunds via direct deposit.PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Direct Deposit to One or Two Accounts. Direct deposit payments must be made to checking or savings accounts. To sign up for Direct Deposit, the payee is to read page 2 of this form and fill in the information requested in Sections 1 and 2. To sign up for direct deposit, the payee is to read the back of this form and fill in the information requested in Sections 1 and 2.
