Updated June 01, 2022
The Paychex direct deposit form must be filled out and signed by an employee wishing to set up a direct deposit transfer as a method of compensation with their employer. This form should then be submitted by the employer to the Paychex office where they hold a payroll account. It should be noted that Employers may have specific requirements regarding their direct deposit procedures in addition to this form. Generally, it is a good idea for an Employee seeking a Direct Deposit to be set up to meet with their employer’s payroll department to discuss the requirements that must be fulfilled.
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