Direct Deposit Service
Your company can save time and money by directly depositing paychecks into your employees' bank accounts. Direct Deposit is convenient for your employees, while reducing the time required in reconciling your monthly statement. In addition to payroll transactions, the Automated Clearing House (ACH) credit service can be used for employee reimbursements, commissions, bonuses, pension payments, shareholder dividends and other payment types.
- Reduces payroll costs
- Makes account reconciliation quick and easy
- Lower transaction costs with ACH than with checks
- National Automated Clearing House Association (NACHA) file format, available from most payroll systems