What happens if a person had Direct Deposit and closed their account, but didn cancel Direct Deposit?
• The financial institution will return the money to the SCO within 5 to 7 days as account closed. SCO will cancel the direct deposit account, redeposit the payment and contact the employee’s personnel office to either re–key the pay or telling them that SCO will re–issue the pay. Whenever an account is closed, the employee should contact either their employer or SCO immediately to cancel their direct deposit enrollment.
The financial institution will return the money to the SCO within 5 to 7 days as account closed. SCO will cancel the direct deposit account, redeposit the payment and contact the employee’s personnel office to either re-key the pay or telling them that SCO will re-issue the pay. Whenever an account is closed, the employee should contact either their employer or SCO immediately to cancel their direct deposit enrollment.
Related Questions
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