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Get the free DIRECT DEPOSIT AUTORIZATION FORM - GPM

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2, Place Laval, suite 390 Laval, QC H7N 5N6 T 450.667.7737 866.967.7737 F 450.667.7739 info groupepremiermedical.ca www.groupepremiermedical.ca DIRECT DEPOSIT AUTHORIZATION FORM For office use only
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How to fill out direct deposit autorization form

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How to Fill Out Direct Deposit Authorization Form:

01
Obtain the form: Contact your employer or financial institution to request a direct deposit authorization form. It may also be available online on their website.
02
Personal information: Fill in your personal details, including your full name, address, phone number, and email address. Provide accurate information to ensure your deposits are directed to the correct account.
03
Bank information: Enter the necessary bank information, such as the name of your bank, its routing number, and your account number. Make sure to double-check these details to avoid any errors.
04
Account type: Indicate whether the account you are depositing into is a checking or savings account.
05
Payment allocation: Specify the amount or percentage of your paycheck that you want to be deposited into this account. Some employees choose to deposit their entire paycheck, while others prefer to allocate a specific portion.
06
Attach voided check: Some employers or financial institutions might require a voided check to verify your account and routing numbers. If needed, attach a voided check to the authorization form.
07
Signature: Sign and date the authorization form. By signing, you are giving permission for your employer to deposit your wages directly into the designated account.

Who Needs Direct Deposit Authorization Form?

01
Employees: Employees who want to receive their wages through direct deposit need to fill out a direct deposit authorization form. This ensures that their earnings are automatically deposited into their chosen bank account.
02
Employers: Employers require employees to fill out this form so they can accurately and securely transfer wages electronically. Direct deposit is often the primary method of wage distribution for businesses.
03
Financial institutions: Banks and other financial institutions use direct deposit authorization forms to properly process deposits into customers' accounts. This form enables them to receive funds and credit the correct accounts accordingly.
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Direct deposit authorization form is a form used to authorize a company or organization to deposit payments directly into an individual's bank account.
Employees or individuals who wish to receive payments directly into their bank account are required to file a direct deposit authorization form.
To fill out a direct deposit authorization form, individuals need to provide their bank account information, such as account number and routing number, as well as their personal information.
The purpose of a direct deposit authorization form is to simplify the process of receiving payments by eliminating the need for physical checks and enabling faster access to funds.
Information such as bank account number, routing number, full name, address, and signature of the individual authorizing the direct deposit must be reported on the form.
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