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.
Arizona Direct Deposit Agreement
Category:
State:
Multi-State
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
How to fill out Direct Deposit Agreement?
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FAQ
Direct deposit is available for tobacco distributors using the ALTO system. Direct deposit is simple, convenient and free. To get started, simply login to an existing ALTO account, click the Profile link at the top right hand corner of the home screen, select DIRECT DEPOSIT and follow the instructions.
In most cases where there is an issue, the first payment can usually be processed within 15 business days (if you are determined eligible for benefits). For the remainder, it can take longer.
Direct Deposit is the quickest way to receive Pandemic Unemployment Assistance (PUA) benefits. However, entering your account information incorrectly in the PUA portal will result in a delay in receiving benefits.
As a reminder, the fastest way to receive your PUA benefits will be through direct deposit. You can provide your banking information to register for direct deposit through the PUA system so you can receive your benefits faster.
Your weekly Unemployment Insurance Benefit Amount (WBA) is calculated on wages you earned from employers who paid Unemployment Tax to the State of Arizona. The WBA is 4% of the wages paid in the highest quarter of your base period. The current maximum WBA is $240.
In Ohio, it typically takes 21 days to process that first unemployment check or direct deposit, although the state has been running about 28 days lately. In Florida, it takes two to four weeks, while in Arizona it's about 15 business days.
Retroactive payments will be made for weeks claimed going back to March 29 for individuals receiving UI as well as individuals receiving PUA. You are eligible for FPUC if you receive any of the following benefits: Unemployment Insurance (UI)
Direct deposits generally begin 10 days after we receive your completed form. You will continue to receive any benefit payments you are entitled to by check during this period. Payments are usually posted to your account two working days after the funds are transferred.
