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Automatic Payment Change Form To: For My Account: CheckingSavingsAuthorized Signature: Date: Print Name: Title: Phone Number: Street Address: City: State: Zip: Attach Voided Check Here FSB Bank Routing

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How to fill out direct deposit authorization

01

To fill out direct deposit authorization, follow these steps:

02

Obtain a direct deposit authorization form from your employer or financial institution.

03

Provide your personal information, including your name, address, and social security number.

04

Enter your bank or credit union's routing number. This is usually a 9-digit number that identifies your financial institution.

05

Provide your account number. Double-check this number to ensure it is accurate.

06

Specify the type of account you have, such as checking or savings.

07

Sign and date the form to authorize the direct deposit of funds into your account.

08

Submit the completed form to your employer or financial institution.

Who needs direct deposit authorization?

01

Direct deposit authorization is required by individuals who wish to have their income or funds deposited electronically into their bank or credit union account.

02

This can include employees of companies that offer direct deposit as a payroll option, individuals who receive government benefits, retirees, and anyone who prefers the convenience of having their funds automatically deposited into their account.

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What is direct deposit authorization?

Direct deposit authorization is a formal permission granted by an individual to an employer or financial institution allowing them to deposit funds directly into the individual's bank account.

Who is required to file direct deposit authorization?

Employees receiving wages or benefits from an employer or government entity are typically required to file direct deposit authorization.

How to fill out direct deposit authorization?

To fill out direct deposit authorization, one must provide personal information, such as name, address, bank account number, and the bank's routing number on the authorization form.

What is the purpose of direct deposit authorization?

The purpose of direct deposit authorization is to streamline the payment process, ensuring timely and secure deposits of funds into the recipient's bank account.

What information must be reported on direct deposit authorization?

The information that must be reported includes the individual's name, address, bank account number, routing number, and any other required financial institution details.

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