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 Logo In Washington
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
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A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account. This file provides instructions for enrolling in cash assistance direct deposit.Users will learn how to fill out the necessary form and submit it. To receive direct deposit do the following: 1. Fill out and sign the form on the other side of this page. 2.
