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 Other Atoms In Texas
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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The PDDSUP screen is used to set up new direct deposit information for a payee's mail code. Direct Deposit Forms (Alphabetical).Note: Forms must be downloaded and opened using Adobe Acrobat Reader if you want to fill them out electronically. Use this form to authorize your employer, retirement and pension funds, or any other agency to deposit your payment directly into your Texas Bank account. This file is a Direct Deposit Transfer Form used for establishing or changing direct deposit accounts. 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. You can use this form to keep track of all the information you need to move your direct deposits, payments and close your old account. To sign up for direct deposit, fully complete, sign, and date the attached Texas Child Support Disbursement Unit Direct Deposit.
