An ACH direct deposit authorization form template is a document that allows an individual to authorize an employer or other entity to deposit funds directly into their bank account via the Automated Clearing House (ACH) network. It typically includes the employee’s name, bank account number, routing number, and signature, along with the employer’s name and account information.
Using an ACH direct deposit authorization form template offers several benefits. It provides a secure and convenient way to receive payments electronically, eliminating the need for physical checks. This can save time and reduce the risk of lost or stolen payments. Direct deposit also ensures that payments are received on time, even if the employee is out of town or unable to access a physical check.