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A direct deposit authorization form authorizes a third party, usually an employer for payroll, to send money to a bank account. Typically, an employer requesting authorization requires a voided check to ensure the account is valid.
Attach a voided check for each bank account to which funds should be deposited (if necessary) _____________________ [Company Name] is hereby authorized to directly deposit my pay to the account listed above. This authorization will remain in effect until I modify or cancel it in writing.
Learn more about how direct deposits work and how to set one up so that your checks are deposited into your account automatically. Get the required forms today.
Use Chase Direct Deposit to save time by depositing your paycheck directly to your account. Download a direct deposit form now!
Direct deposit is one way to receive your paycheck, but how does it work? This complete guide to direct deposit explains the setup, timing and more.
1. Get a direct deposit form from your employer. Ask for a written or online direct deposit form. If that isn’t available, ask your bank or credit union for one. We’ve included a list of forms...
Direct Deposit Authorization Form Templates. Using direct deposit is very simple. Before a payer can transfer money into your account, you, the payee, will need to give them permission for it. Your employer will provide you with this form when you are hired.
A direct deposit authorization form is a legal document letting an employee authorize their employer’s payroll representative to deposit funds directly into their account. It eliminates the need for paper checks that may be lost or stolen.
Setting up direct deposit is as simple as filling out a paper or online form and submitting it to your employer. Then, your employer can make payments directly to your bank account instead of...
min. Getting your first paycheck and heading to the bank to deposit it is thrilling. Having to go to the bank every time you get paid, however, may quickly lose its shine. Thankfully, most bank accounts come with a direct deposit feature. This option lets you deposit recurring income (like paychecks) directly into your account.