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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.
Employee Direct Deposit Authorization. Instructions. Employee: Fill out and return to your employer. Employer: Save for your files only. This document must be signed by employees requesting automatic deposit of paychecks and retained on file by the employer. Do not send this form to Intuit.
DIRECT DEPOSIT AUTHORIZATION. Please print and complete ALL the information below. Name: ____________________________________________________________ Address: ____________________________________________________________ City, State, Zip: ____________________________________________________________ Name of Bank:
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.
Employee direct deposit authorization form. Different types of direct deposit form: You have to decide the template of the direct deposit form before asking about the form from your employer or a bank.
I hereby authorize __________ [Employer Name] to deposit all payments due to me into the account(s) listed above. In addition, I grant __________ [Employer Name] the authority to take any corrective actions, including debits, as needed, in relation to these deposits.
Use Chase Direct Deposit to save time by depositing your paycheck directly to your account. Download a direct deposit form now!