What Is In A Bank Letter? All information must be complete and must match the information that we have on file with respect to the funding recipient's name, EIN number, and address.Complete all fields that are applicable to your business. Only the Owner of the Bank Account or an Authorized Company Official may request payments via ACH. Schedule an appointment. When in receipt of a Direct Payment all funding is required to be paid into a separate bank account. Do I have to pay using a Payment Channel once I have added one? Need help setting up or understanding direct deposit? Learn how to setup direct deposit to a TD Bank account, find your routing number and get the authorization form for your paycheck or benefits. A payment channel is a method for storing bank account information in myPATH for future payments.