What Is This Form For? In signing this form, I authorize my NYS salary payment to be sent to the designated financial institution(s) to be deposited into the specified account(s), and.This functionality allows NYS employees to enroll in direct deposit and update their existing direct deposit and bank account information. The purpose of this task is to record an employee's direct deposit information in the Payroll System. This will enable the employee's net pay to be deposited. How do I fill this out? 5. Or simply fill out the form below and provide it to your employer. Direct Deposit Form.