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As for how you want to pay yourself, it's up to you. You can write yourself a physical check and then deposit it into your personal bank account or set up a recurring payment via direct deposit. Although there's nothing wrong with good ol' cash, the first two options are probably more convenient.
Here's everything you need to know about how to set up direct deposit at your financial institution. Get a direct deposit form from your employer. Ask for a written or online direct deposit form. ... Fill in account information. ... Confirm the deposit amount. ... Attach a voided check or deposit slip, if required. ... Submit the form.
Financial Institutions (FIs) typically make account and routing numbers readily available to customers that sign in to online and mobile banking, whether on the web or the FI's app. Some FIs even offer logged in customers the option to create prefilled Direct Deposit forms, which makes the process extra easy.
Setting up direct deposit You may be able to complete setup through an online portal. If not: Complete a direct deposit form. Provide the form to your employer's payroll office.
Setting up your direct deposit is simple ? all you need are some direct deposit authorization forms from your employer and/or a voided check. A lot of banks and financial institutions offer a pre-filled form through online banking, which makes it super easy to set up direct deposit.