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AUTHORIZATION AGREEMENT FOR DIRECT DEPOSIT BY ELECTRONIC FUNDS TRANSFER (EFT) New EFT accountPlease Check Appropriate Box:Change bank account on Interchange contact name, phone number or email address
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How to fill out direct deposit by

01
Obtain a direct deposit form from your employer or financial institution.
02
Provide your personal information, such as your full name, address, and social security number.
03
Enter your bank account information, including the bank name, routing number, and account number.
04
Indicate the type of account (e.g., checking or savings) for the direct deposit.
05
Double-check all the entered information for accuracy.
06
Sign and date the form.
07
Submit the completed direct deposit form to your employer or financial institution for processing.

Who needs direct deposit by?

01
Employees who want their paychecks or other income to be deposited directly into their bank accounts.
02
Individuals who receive government benefits, such as Social Security or unemployment benefits, and prefer the convenience of direct deposit.
03
People who want to avoid the hassle of depositing paper checks and waiting for them to clear.
04
Those who want to ensure the security of their funds by bypassing the risks associated with physical checks.
05
Individuals who want faster access to their funds, as direct deposits are typically faster than traditional paper checks.
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Direct deposit is the transfer of funds electronically from one bank account to another.
Employers are required to file direct deposit for their employees.
Direct deposit forms can be filled out online or through a paper form provided by the employer.
The purpose of direct deposit is to provide a convenient and secure way for employees to receive their salary.
Direct deposit forms typically require the employee's bank account number and routing number.
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