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Electronic Funds Transfer Direct Deposit Enrollment Application HOUSTON MUNICIPAL EMPLOYEES PENSION SYSTEM (HM EPS) 1201 LOUISIANA, SUITE 900, HOUSTON, TX 77002 (713) 595-0100 Section 1. PAYEE INFORMATION

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What is electronic funds transfer direct?

Electronic funds transfer direct is a method of transferring money from one bank account to another electronically. It is commonly used for payroll, bill payments, and online purchases.

Who is required to file electronic funds transfer direct?

Businesses and individuals who make payments via electronic funds transfer direct are required to file.

How to fill out electronic funds transfer direct?

To fill out electronic funds transfer direct, you need to provide information about the sender and recipient bank accounts, the amount to be transferred, and the purpose of the transfer.

What is the purpose of electronic funds transfer direct?

The purpose of electronic funds transfer direct is to enable quick, secure, and convenient transfer of funds between bank accounts.

What information must be reported on electronic funds transfer direct?

Information such as sender and recipient bank account details, amount transferred, and purpose of the transfer must be reported on electronic funds transfer direct.

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