Confused about direct deposit? Learn about authorization forms, direct deposit setup, and software that can streamline the process in this guide from Eddy.Type of Deposit: Personal Information: Direct Deposit. A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account. Section I. To fill out this form, please provide your name, ID number, local mailing address, and your email. Indicate whether the account is checking or savings. Complete the "WORKER - Required Information" section. 2. Complete the Direct Deposit section to specify where you want your pay deposited. 3. DIRECTIONS. To sign up for Direct Deposit, the payee is to read the back of this form and fill in the information requested in Sections 1 and 2. What information do I need to provide in order to set up direct deposit?