Direct Deposit Form (2)
Direct Deposit form (2) are available free below for your church or organization's HR Dept...
Does your church or organization have direct deposit as a choice on their payroll?
If yes, then you might need one of the Direct Deposit Authorization Forms below. All you have to do is download, customize and print and use in your Human Resource Department or Payroll Department.
If an employee from your organization prefers to have his or her payroll deposited directly into their personal bank account instead of receiving a paper payroll check then you will need the form below.
This form is a very important tool for Human Resources because it serves as an authorized agreement between your organization and the employee.
The Direct Deposit #1 Agreement Form below includes:
- Authorization Agreement - I hereby authorize [Company Name] to initiate automatic deposits to my
account at the financial institution named below. I also authorize [Company Name] to make withdrawals from this account
in the event that a credit entry is made in error.
Further, I agree not to hold [Company Name] responsible for any delay or loss of
funds due to incorrect or incomplete information supplied by me or by my
financial institution or due to an error on the part of my financial
institution in depositing funds to my account.
This agreement will remain in effect until [Company Name] receives a written notice of
cancellation from me or my financial institution, or until I submit a new
form for direct deposit to the Payroll Department.
- Account Information - Name of Financial Institution, Routing and Account Number, Checking or Savings Account.
- Authorized Signatures with Dates
- Space for Voided Check or Deposit Slip
After the employee fills out the form then there is a statement to remind them to return the form to the Payroll Department.
Direct Deposit Benefits
There are many benefits to the employee if he or she decides to do direct deposit such as:
- No more rushing to the bank before they close to deposit payroll check.
your paycheck will be already in the bank every pay period on the same
payroll date and sometimes earlier depending on if payroll date falls on
holidays or weekends.
- No more worrying about check getting lost in the mail.
- No more worrying about losing your check.
you are out of town, you know your money will be there for you to use
your ATM or bank debit card. Your funds will always be in your account
when you need them.
I also have the Electronic Funds Transfer Authorization form below for you to use and customize if you need to for your church or organization.
Click on the link to download the Direct Deposit Authorization Forms below:
Direct Deposit Form #1
Electronic Funds Transfer Authorization Form
If you need to modify this form, try the site: Free PDF Services
. You can convert this Adobe file into a Word document free of charge
and make the necessary changes.
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(a new window will open so you can download it without leaving this page).
If you want to open the file in your browser window, just click on one of the links above. However, if you want to download the file to view later, then right-click on the link and choose "Save Target As" or "Save File As". Then select where you want to save the file on your hard drive.
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Note: These sample forms are meant to serve as example forms and should not be construed as legal documents. Please contact a legal professional for legal language for your specific organization.
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