Set Up Direct Deposit. We make it easy - use the form at the bottom to set up direct deposit of your paycheck or Social Security benefits.To sign up for direct deposit, complete the application form on the next page. The form is interactive—you can complete it on your PC and print it. Ensure that Recipient Template is set to All Direct Deposit Recipients to begin. 2. Fill in the details for your new template. Once logged in, click on EFT ENROLLMENT on the top-left of the screen. Here's why you'll love Direct Deposit:​​ Once you've downloaded and completed the form give it to your employer and ask them to set up direct deposit for you. A bank letter is an official document from your bank that provides important information about your business' official bank account. A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account.