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DIRECT DEPOSIT AUTHORIZATION ELECTRONIC FUNDS TRANSFER OF MONTHLY BENEFIT PAYMENTSInstructions: Use this form to authorize direct deposit of your Public School Retirement System of Missouri (PRS)

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How to fill out direct deposit authorization

01

Step 1: Obtain a direct deposit authorization form from your employer.

02

Step 2: Read the instructions on the form carefully.

03

Step 3: Provide your personal information such as name, address, social security number, and contact details.

04

Step 4: Enter your bank account details including the account number and routing number.

05

Step 5: Specify the type of account (checking or savings).

06

Step 6: Sign and date the form.

07

Step 7: Submit the completed form to your employer or follow their specific instructions for submission.

Who needs direct deposit authorization?

01

Anyone who wishes to receive their paycheck or other funds directly deposited into their bank account needs direct deposit authorization.

02

Employers often require new employees to complete a direct deposit authorization form as part of the onboarding process.

03

Those who receive recurring payments such as salary, pension, or government benefits may also need to provide direct deposit authorization.

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What is direct deposit authorization?

Direct deposit authorization is a form that allows an employer to deposit an employee's paycheck directly into their bank account.

Who is required to file direct deposit authorization?

Employees who wish to have their paychecks directly deposited into their bank account are required to file direct deposit authorization.

How to fill out direct deposit authorization?

To fill out a direct deposit authorization form, employees need to provide their bank account information, including account number and routing number, as well as their personal information.

What is the purpose of direct deposit authorization?

The purpose of direct deposit authorization is to streamline the payroll process and provide employees with a convenient and secure way to receive their pay.

What information must be reported on direct deposit authorization?

Direct deposit authorization forms typically require the employee's name, address, bank account number, and routing number.

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