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DIRECT DEPOSIT AUTHORIZATION AND INPUT FORM STATE OF CONNECTICUT OFFICE OF THE COMPTROLLER PAYROLL SERVICES DIVISION 55 ELM STREET HARTFORD, CONNECTICUT 06106 CO-1040 REV. 06/08 INSTRUCTIONS: Please
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What is direct deposit authorization?
Direct deposit authorization is a form that allows an individual or entity to authorize the direct deposit of funds into a bank account without the need for physical checks.
Who is required to file direct deposit authorization?
Individuals or entities that wish to receive payments via direct deposit are required to file direct deposit authorization forms.
How to fill out direct deposit authorization?
To fill out a direct deposit authorization form, you typically need to provide your bank account number, routing number, and any other required personal or financial information.
What is the purpose of direct deposit authorization?
The purpose of direct deposit authorization is to simplify and expedite the payment process by allowing funds to be electronically deposited directly into a designated bank account.
What information must be reported on direct deposit authorization?
The required information on a direct deposit authorization form may include the individual or entity's name, address, bank account details, and any specific instructions or limitations for the direct deposit.
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