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Vermont Direct Deposit Authorization

This document is part of the Package "Essential Vermont Legal Documents" | 140 docs included
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Vermont Direct Deposit Authorization
Direct Deposit Authorization

Docstoc Legal Agreements









This Direct Deposit Authorization form can be used by Companies to authorize direct

account depositing of funds of their employees. This form obtains the necessary information

to complete a direct deposit transaction, such as bank name, account number and routing

information.









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Attorney Drafted

DIRECT DEPOSIT AUTHORIZATION









I authorize _____________________________________ [Instruction: Insert the name of the Company]

to send credit entries, as well as appropriate adjustments in debit entries, electronically or by any other

commercially accepted method, to my account as indicated below.





This agreement will remain in effect until _____________________ [Instruction: Insert the name of the

Company] receives a written notice of cancellation from me or until I submit a new Direct Deposit form to

the Payroll Department.









Account #1

Full Legal Name: ______________________

Identification Number: __________________

Social Security Number: ________________





Account Type: __________ Checking __________ Savings.

Instruction: Insert “X” to select the appropriate account

Institution Name: ____________

Bank Routing Number: ________

Account Number: _____________

Percentage to be deposited into this account: _____________________

Instruction: Insert Percentage to be deposited in Account # 1]

Account #2

Full Legal Name: ______________________

Identification Number: __________________

Social Security Number: ________________





Account Type: __________ Checking __________ Savings.

[Instruction: Insert “X” to select the appropriate account]

Institution Name: ____________

Bank Routing Number: ________

Account Number: _____________

Percentage to be deposited into this account: _____________________

[Instruction: Insert Percentage to be deposited in Account # 2]





[Comment: Remove one (1) account section if you do not wish to offer multiple accounts]









Please attach a Voided Check for each account here.









[Comment: Write VOID on an unused check and attach here for each Checking Account or for

Savings Deposit slip contact the bank and obtain written verification of the account and routing

numbers. Attach that verification to this form for each savings account.]

______ [Month] ____ [Date], 20___









_______________________________________

Signature of Employee





_______________________________________

Type printed name of Employee

Note: Carefully read and follow the Instructions and Comments contained in this document for

your customization to suit your specific circumstances and requirements. You will want to

delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”) after

reading and following them. You (or your attorney) may want to make additional modifications

to meet your specific needs and the laws of your state



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