Transamerica direct deposit authorization form 2025

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For Transamerica Funds accounts with the cash dividend by check option, this is the date checks are mailed. For cash dividend accounts by direct deposit, this is the date that payments are credited to bank accounts.
A direct deposit authorization form is a form that employees fill out to authorize their employer to deposit money straight into their bank account. Direct deposit is the standard method most businesses use for paying employees.
Billing Method: The customer has the option of paying their premiums by a credit card, a pre-authorized payment (EFT), or direct bill.
Payments are generally received within 10-14 calendar days from the date the payment is issued for a check; 5-7 business days for direct deposit from the approval date (if available).
Pre-authorized Payment is a convenient way to automatically pay your bills from your chequing account. This form provides account information in place of a voided cheque and is used when arranging for direct deposits or pre-authorized payments.
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What to Include on Your Direct Deposit Authorization Form Company Information. Employee Information. Bank Account Information. I hereby authorize Statement. Employee Signature and Date. Space for Attached Physical Check (Optional) Find a Direct Deposit Provider. Setup and Implementation.

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