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Old Dominion National Bank Attn: Online Banking Specialist P.O. Box 299 North Garden, VA 22959 Fax: (434) 2934923 Employer Direct Deposit Sign-up Form Payroll Checks Take this completed application
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How to fill out employer direct deposit sign-up

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How to fill out employer direct deposit sign-up:

01
Gather necessary information: Before starting the sign-up process, gather all the required information such as your bank account number, routing number, and any other relevant details provided by your employer.
02
Obtain the direct deposit form: Typically, your employer will provide you with a direct deposit form. It may be a physical paper form or an online form that you need to access through an employee portal or HR software.
03
Fill out personal information: Begin by providing your personal information, including your full name, address, phone number, and email address. Ensure that all the details you provide are accurate and up-to-date.
04
Enter your banking information: Next, input your bank account details. This includes entering your bank's name, your account number, and the routing number. Double-check these details to avoid any errors that could result in a failed deposit.
05
Determine the deposit amount and frequency: Indicate the amount you want to be deposited into your account with each paycheck. You may also be asked to specify the frequency of deposits, such as weekly, bi-weekly, or monthly.
06
Attach any necessary documents: Some employers may require additional documentation to set up direct deposit. This could include a voided check or a bank verification form. Make sure to attach any requested documents accurately.
07
Review and sign the form: Carefully review all the information you have entered to ensure its accuracy. Once you are satisfied, sign the direct deposit form as required. Your employer may also require additional signatures, such as from a supervisor or HR representative.

Who needs employer direct deposit sign-up?

01
Employees: Any individual who is employed and wishes to receive their salary or wages through direct deposit will need to complete an employer direct deposit sign-up. It is a convenient and secure method of receiving payment directly into their bank account.
02
Employers: Employers who offer the option of direct deposit as a means of paying their employees will need to have employees complete a direct deposit sign-up. This allows for streamlined payroll processing, reduces the need for physical checks, and enhances efficiency in payment disbursement.
03
Businesses with government contracts: Some government contracts require businesses to offer direct deposit as a payment option for their employees. In such cases, both the employees and the employer will need to participate in the direct deposit sign-up process.
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Employer direct deposit sign-up is a process where employees authorize their employer to deposit their paychecks directly into their bank account.
All employers who offer direct deposit as a payment option are required to have employees sign up for direct deposit.
Employees can fill out the employer direct deposit sign-up form provided by their employer, which typically requires providing bank account information and authorization.
The purpose of employer direct deposit sign-up is to streamline the pay process, increase efficiency, and provide employees with faster access to their wages.
Employees must provide their bank account number, routing number, and authorization for their employer to deposit funds directly into their account.
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