What are the advantages of Direct Deposit?
NO LONGER will you have to visit your financial institution to deposit your check. Why spend countless hours standing in lines or sitting at a drive through window when your check can be automatically deposited into your account. It goes into your account, no matter where you are. An average person will spend anywhere from 8.5 to 24 hours each year waiting in lines at financial institutions. Another benefit of direct deposit is the ability to view your electronic notice of deposit online through VISTA. From there you would have the ability to print your enod, print to pdf, download into Quicken, Money, or save as an MS Word, Excel, QIF, OFX, CSV, Tabbed Delimited Text or XML document. These features can be made available to you upon request. You will have to contact YOUR payroll administrator to set this up with the Auditor’s Office. › Online Sign Up for Direct Deposit › Download Direct Deposit Forms!
• Direct Deposit is faster. It eliminates delays by the postal service associated with mailing of a paper UI check. • Direct Deposit is safer. It eliminates the risk of paper checks being lost in the mail, sent to the wrong address or stolen. • Direct Deposit is convenient. It eliminates the need to make a trip to your financial institution and wait in line to cash or deposit your UI check. • Direct Deposit is free. There is no fee for using the electronic transfer system.
• Reliability – we make more than five million direct deposit payments every month. Your payment will always be on time, and you can start using the money and earning interest right away. • Security – there’s no risk that your payment will be lost, stolen or damaged. • Convenient – If you’re sick, on vacation or travelling, you will still get your payment automatically. • Saves money – for Canadian taxpayers, since we have to print and mail fewer cheques. • Confidentiality – since there’s no cheque for someone to see how much money you get. • Environmentally friendly – because we use less paper and help save our forests.
