Direct Deposit Forms are used to make the electronic payments easier by giving the complete details of the accounts.
Have a look at the different types of direct deposit form templates.
It is important to fill the direct depository form with right details.
A quick guide to fill the details
An account number is a unique number given by a bank to its customers. Each account holder has a different number and it is the primary factor to distinguish one account from other. So it is important to give the correct account number so that the deposition of the amount will be in a quick and hassle-free manner.
Bank Routing Number
Bank Routing Number (ABA number) is the unique number given for each branch. This nine-digit number distinguishes each branch. This number is important and must be filled correctly.
Percentage or Dollar Amount to be deposited
The dollar amount must be mentioned no matter how small it. This is the mandatory field.
Type of the Account
There are two types of accounts offered by banks. It is important to select the type of account you are holding
- Savings Account
- Checking Account
A void check is a space provided to attach a void check.
In authorization, the details of the company must be filled.
The name of the company name must be filled.
This blank must be signed by the manager of the company.
This is not mandatory but it is better if it is filled as the manager can identify the employees easily with their Id.
The date must be filled in order to know the time taken to process the transaction.
There will be two account numbers in the depository form. This is used in case if the employees want to receive their salary in two different accounts.
Advantages of Direct Deposit
Here are some of the advantages of direct deposit
- Time Saving
- Immediate Access for Earnings
- More than one account
- Convenient for employees
Direct Deposit Excel Form
In this template you an Excel sheet to record the details. Using the excel will help in using the details on various platforms
Check power of attorney form template here
Registration form Template
This form is used to collect the basic information of the employees. These registration forms can be used to collect and use the information for various purposes.
Direct Debit and Deposit Form
As name suggests this form is used to fill the direct deposit and direct debits forms.
Direct Deposit Form
This form is made for employers. They can know the details of the employee and can have the instructions to be followed while depositing the details for each employee.
These direct depository forms made transactions more easy and reliable. If any problem has been aroused due to technical issues, Intuit will resolve the issue immediately.