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For Agent use only:DIRECT DEPOSIT/ACH AUTHORIZATION AGREEMENTPOLICY APPLICATION DATE / / POLICYHOLDER INFORMATION ASOCIAL SECURITY NUMBEREMAIL ADDRESS CITYADDRESSSTATE ZIP CODEPOLICYOWNER BANK ACCOUNT
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What is direct depositach?
Direct depositach is a method of electronic payment in which funds are deposited directly into a recipient's bank account.
Who is required to file direct depositach?
Employers are required to file direct depositach for their employees who choose to receive their wages via direct deposit.
How to fill out direct depositach?
To fill out direct depositach, employers must gather the necessary banking information from their employees, such as bank account number and routing number, and submit the information to the payroll service provider.
What is the purpose of direct depositach?
The purpose of direct depositach is to provide a convenient and secure way for employees to receive their wages without the need for paper checks.
What information must be reported on direct depositach?
Direct depositach must include the employee's name, bank account number, routing number, and the amount to be deposited.
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