If a person is on Direct Deposit and wants to change financial institutions, how long shoud they keep their old account open?
• To re–designate or change your account and/or financial insitution, complete a STD. 699 enrollment form as a change and submit it with your new information. You should keep your old account open until your first payment is deposited into your new account. Generally, if your form is received by the State Controller’s Office by the first of the month, your change will be made by your next payday.
To re–designate or change your account and/or financial insitution, complete a STD. 699 enrollment form as a change and submit it with your new information. You should keep your old account open until your first payment is deposited into your new account. Generally, if your form is received by the State Controller’s Office by the first of the month, your change will be made by your next payday.
Related Questions
- If a person opens PPF account in the name of individual and also in the name of a minor(s), how the limit of deposit is determined?
- If a person is on Direct Deposit and wants to change financial institutions, how long shoud they keep their old account open?
- Is a person who becomes co-owner of an existing deposit account a customer to whom the CIP rule applies?
