Common use of Transaction Type Clause in Contracts

Transaction Type. Select the appropriate transaction type(s):  New request ‐ If a payee is not currently on direct deposit with the state.  Change –If payee has a current direct deposit with the state and is requesting a change to the record. (example: change of payee name, financial institution, account number and etc)

Transaction Type. Select the appropriate transaction type(s):  • New request ‐ If a payee is not currently on direct deposit with the state.  • Change –If payee has a current direct deposit with the state and is requesting a change to the record. (example: change of payee name, financial institution, account number and etc)