Cash ManagementDirect Deposit
Direct deposit saves you time and money, and provides a strong benefit to your employees and other companies you work with. Direct deposit is used for payments of interest, annuities, pensions, stocks, and most frequently, payroll. When you ask us to electronically credit your employees' checking or savings accounts, you eliminate cost, improve accuracy and efficiency and ensure confidentiality.
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Routine - Your payment schedule is prearranged and recurs on a routine basis.
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Accurate - Automation alleviates the potential for errors.
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Efficient - No checks are printed or issued, eliminating check storage and security of blank and canceled checks. You control payments, decrease processing, simplify reconciliation and eliminate stop payments, lost checks and reissues. Since you no longer rely upon a manual system, your staff can allocate their time differently.
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Confidential - Lost or stolen checks are eliminated.
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Timely - Employees' paychecks are in their account with immediate funds availability on payday.
Ask us about the three convenient options you may choose from for processing your payroll.
