Direct deposit is a process where someone who is going to be paid on a recurring basis, such as an employee, or a recipient of a government entitlement or benefit program such as social security, is sent the payment owed to them into their checking or savings account. The reasons for doing this include:
- Instant access to the funds via an ATM or check card;
- A check can be lost or stolen anywhere between the sender and the intended payee;
- Payments made electronically can be less expensive to the payor.
Direct deposit eliminates mailing delays and alleviates the need to go somewhere to cash or deposit your check.
Direct Deposit Form Blank With Multiple Accounts In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
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Funds are deposited on the first business day of the next month. 2) You must sign and complete the "HACCC Direct Deposit Authorization.Bank Account Number. Purpose of the form: Use this form to authorize or cancel direct deposit of your CCCERA benefit payments to a financial institution or trust account. Please attach a void check showing the institution routing number and account number. Attach Voided Check. Enroll in Direct Deposit. Direct Deposit is a convenient method to automatically deposit all your net earnings into the financial institution of your choice. PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form.
