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 Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00416BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
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Please have documentation for that account available, for verification. Multiple Accounts You may direct deposit your earnings into a maximum of three accounts.Direct deposit is for your total net pay. Submit to the Benefits Department in Personnel Services avoided blank check along with the completed agreement. You will need the following information to complete the Direct Deposit Enrollment Form: 1. The name of your Bank. 2. Bank Name: PAYROLL SECONDARY ACCOUNT(S): If you have more than two secondary accounts, please complete an additional form. Please mail or fax the form to: Santa Clara University, Accounts Payable. A sample form for an employee to provide authorization for direct deposit of wages. There are two ways to enroll for Direct Deposit: By Mail: Call to request the SOC 829 Form be mailed to you.
