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DIRECT DEPOSIT (PLEASE PRINT) Name: LAST FIRST SSN: Phone: Stop Existing Direct Deposit. I understand checks will be mailed on the last working day of the month to the address on file with MC ERA.
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How to fill out stop existing direct deposit

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To fill out a form to stop an existing direct deposit, follow these steps:

01
Contact your bank or financial institution and request the necessary form to stop the direct deposit. They may be able to provide this form online, through their mobile app, or in person at a branch.
02
Fill out the required personal information on the form, such as your name, address, and account number. This information is typically used to identify your account and ensure that the correct direct deposit is being stopped.
03
Specify the reason for stopping the direct deposit, such as a change in employment or a switch to another payment method. This information helps the bank understand your intent and process the request accordingly.
04
Indicate the effective date for stopping the direct deposit. It is important to choose a date that allows sufficient time for the bank to process the request and ensure that future direct deposits are redirected appropriately.
05
Double-check all the information provided on the form to ensure accuracy and completeness. Any errors or missing information may result in a delay in processing the request.
06
Submit the form to your bank or financial institution through the designated submission channel. This can be done electronically, by mailing the form, or by submitting it in person at a branch. Follow the instructions provided by your bank to ensure proper submission.
07
After submitting the form, it is recommended to monitor your account statements and ensure that the direct deposit has been stopped on the specified effective date. If there are any concerns or issues, contact your bank for further assistance.

Who needs to stop existing direct deposit?

Individuals who may need to stop an existing direct deposit include:

01
Employees who have changed jobs and no longer wish to receive their salary through direct deposit.
02
Individuals who have switched to a different payment method, such as receiving a physical check or using a different bank account.
03
Retirees who no longer require direct deposits for their pension or retirement benefits.
04
Individuals who have experienced a change in circumstances that necessitate a different payment method, such as divorce or a change in financial institution.
It is important to note that the specific requirements and procedures for stopping an existing direct deposit may vary depending on the bank or financial institution involved. It is recommended to consult with your bank or refer to their specific instructions for accurate guidance.
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