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 Voided Check In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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Form popularity
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A physical check is not actually necessary, however many companies do not trust employees not to mess up the routing and account numbers. You can go in and ask for a temporary check.They'll make the check and you write your name and information at the top left and write void across it. If your company requires a voided check for direct deposit payroll, simply write VOID in big block letters across the face of the check. Indicate whether the account is checking or savings. You may be required to provide a voided check or deposit slip with your direct deposit authorization form. Voided check (optional). Here's an example of a voided check in case your employer or payment provider asks for one. Looking to set-up direct deposit with a voided check? Learn multiple ways to void a check, and what to avoid.
