If I implement direct deposit of payroll at my company, do my employees need to have an account with RBC Centura?
No. Your employees will need to sign a form acknowledging the direct deposit of their pay into their bank account. At that time, they should provide you with their bank account information, including the name, routing number and their account number at their bank. This information will be used to direct their net pay to the appropriate bank account.
Related Questions
- When does the payroll file have to be initiated in order for the deposit to show in the employees account in time?
- If I implement direct deposit of payroll at my company, do my employees need to have an account with RBC Centura?
- Why not just write a check on my other bank accounts and deposit it to my RBC Centura account?
