Treasury Renews Forms for Smooth Federal Payment Deposits
Published Date: 5/1/2026
Notice
Summary
The Treasury Department is asking for public feedback on renewing forms that help people and businesses get federal payments directly into their bank accounts. These forms won’t change, but your comments are welcome until June 1, 2026. This process keeps payments smooth and on time without costing extra money or time for most folks.
Analyzed Economic Effects
7 provisions identified: 7 benefits, 0 costs, 0 mixed.
Direct Deposit Form Renewal
The Treasury is renewing its Direct Deposit sign-up forms (SF-1199A; FS Forms 1200, 1200VADE, 1201L, 1201S) used to authorize federal payments into bank accounts. The collection covers an estimated 406,175 respondents, at 10 minutes per response (estimated 67,786 annual burden hours); comments are due by June 1, 2026.
Most Federal Payments by EFT
A Treasury regulation (Management of Federal Agency Disbursements) requires that most Federal payments be made by Electronic Funds Transfer (EFT), sets waiver requirements, and provides for a low-cost Treasury-designated account at participating financial institutions. This information collection extension covers an estimated 1,300 respondents at 15 minutes each (325 annual burden hours).
EFT Customer Research Surveys
Treasury will continue market research (surveys, focus groups, interviews) among recipients of federal benefit and vendor payments made by EFT to study usage and increase direct deposit. The generic clearance covers an estimated 19,500 respondents, 16 minutes per response (approximately 5,200 annual burden hours).
Treasury Stored Value Card Applications
Treasury is renewing application and contractor agreement forms for the Treasury Stored Value Card (SVC) program (FS Form 2887; FS Form 2889; FS Form 5752). Disclosure is voluntary, but failing to provide requested information may delay or prevent participation. Estimated respondents: 102,030; time per response: 10 minutes (1 minute for FS Form 5752); total estimated burden: 17,001 hours.
Accountable Official SVC Form
Treasury is renewing FS Form 2888 used by accountable officials to enroll in the Treasury Accountable Official Stored Value Card (SVC) program, to authorize debits/credits and facilitate collection of delinquent amounts. Estimated respondents: 7,500; time per response: 10 minutes; estimated total burden: 1,250 hours.
Savings Bonds Reissue Form
Treasury is renewing the FS Form 4000 used to request reissue of paper Series EE and Series I United States Savings Bonds and retirement/IRA bonds and to indicate new registration. Estimated respondents: 38,000; time per response: 30 minutes; estimated total burden: 19,000 hours.
Savings Bonds Holdings Description
Treasury is renewing forms (FS Form 1980; FS Form 2490) used to collect descriptions of an owner's holdings of United States securities (Series HH/H and other bonds/notes). Estimated respondents: 950; time per response: 6 minutes; estimated total burden: 95 hours.
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