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 Check In Utah
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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Agreement for Payroll Direct Deposits, Form FI 21, available electronically from finance.utah.gov. 1. Complete Form FI 21: • Sign and date the form.If you desire to have the funds transferred electronically into your checking account or savings account, please fill out the attached form. Safely and quickly deposit your money into your checking or savings account. Set up is super easy with our Direct Deposit Switch tool. 1. Log in to online banking. Simply fill out the Direct Deposit Form and submit the completed form to your employer. Routing Number: 124301779. Complete or edit this form and submit it to your employer (or to whomever will be making payments to you) to start using Direct. Once filled out and signed, you can use the information to begin sending money directly into the employee's checking or savings account(s).
