The Direct Deposit Agreement is a crucial document used in Wayne for authorizing employers to initiate electronic payments into an employee's bank account. It outlines key features, including the requirement for a voided check for verification, and stipulates how to cancel the agreement. Users must provide details such as bank information, the amount to be deposited, and must sign the document. The form remains valid until terminated by either party, with specified notice requirements. This form is highly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who help manage payroll processes and ensure compliance with financial regulations. Filling out the form involves straightforward steps such as filling in account details and obtaining necessary signatures. It's essential for maintaining accurate financial records and streamlining payroll systems. Legal professionals will find this document vital for facilitating direct deposits, enhancing operational efficiency, and ensuring that all transactions are properly documented.