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Direct Deposit Setup and Changes You can establish, change, and delete payment elections any time. You have two options: direct deposit or paper check. Direct Deposit Follow the steps below to establish
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Direct deposit setup is a method of electronically transferring funds from one account to another, typically used for payroll purposes.
Employers are required to submit direct deposit setup forms for their employees.
To fill out a direct deposit setup form, employees typically need to provide their bank account information, including the routing and account numbers.
The purpose of direct deposit setup is to make the process of paying employees more efficient and convenient, eliminating the need for physical checks.
Employee's bank account information, company name, employee ID, and signature are typically required on direct deposit setup forms.
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