If you set up employees for direct deposit, we automatically deposit their net payroll amounts into their bank accounts. Your employees don't have to cash paper checks to get paid.
If you choose direct deposit, we automatically deposit your approved paychecks into your employees' bank accounts on the pay date. Money is transferred by the Electronic Payments Association (NACHA or ACH), a long-established electronic funds transfer system used by banks. No money is ever transmitted over the Internet.
We process your direct deposit transactions at 5 pm PT, two banking days before the pay date. Make sure that the funds to pay your employees are available in your account before the processing begins.
For example, if your pay date is on Friday,
On average, It takes about seven business days to set up direct deposit, including verifying your company's bank account for security purposes.
See the steps for setting up direct deposit.
- Set up direct deposit for your company
- Set up direct deposit for your employees
- Direct deposit security limits
- Troubleshoot direct deposit issues
- Payroll topics