Switching to a new financial institution can cause you a lot of stress; after all, you're moving your money and all of your financial information. You'll also have to change your direct deposit information to reflect your new bank account. Request a direct deposit form from your new financial institution. Fill it out and send it to your employer. Your future paychecks should then be deposited into your new bank account.
Request a change direct deposit payroll form from your new financial institution.
Fill in the appropriate information, including your old financial institution's name, its routing number and your old account number. Indicate whether your entire paycheck or part of it was deposited into that account. Include your new financial institution's account number, your name, phone number, address and signature. Some forms ask you to indicate the effective date; write "immediately" if you wish to change the direct deposit to your new account as soon as possible.
Staple a personal check to the form. Write "Void" across the "Payment amount" and "Signature" lines. Give these items to your employer. Your paycheck should be deposited into your new bank account shortly after your employer's finance department receives the information on the form and check.
Make sure your employer knows you sent in a change direct deposit payroll form if your paycheck is not deposited into your new account within a month.
- check in macro image by Alexey Klementiev from Fotolia.com