The Direct Deposit Authorization Form is a standard document used across Dutch businesses to establish automated payment arrangements between employers and employees. This form is essential for modern payroll processing in the Netherlands, allowing for secure and efficient transfer of salaries, reimbursements, and other employment-related payments directly to employees' bank accounts. The document must comply with Dutch financial regulations, SEPA requirements, and EU data protection laws, particularly GDPR. It typically includes comprehensive details about both parties, specific banking information including IBAN numbers, and clear authorization statements. The form is particularly important in the Dutch context where electronic payments are the standard method for salary disbursement, and cash payments are increasingly rare in professional settings.

1. Employee Information: Required personal details including full legal name, address, and contact information

2. Employer Information: Company details including legal business name, address, and tax identification number

3. Bank Account Details: Employee's bank account information including IBAN and BIC/SWIFT code

4. Authorization Declaration: Clear statement authorizing the employer to initiate direct deposits

5. Payment Specifications: Details about the nature of payments (salary, reimbursements, etc.) and frequency

6. Data Protection Notice: GDPR-compliant statement about how personal and banking information will be processed and protected

7. Signature Block: Space for employee signature, date, and place of signing