What if an employee does not have a bank account?
Talk to your financial institution or payroll provider. Many companies are now offering payroll cards to employees that do not have a bank account. Most likely, you can use your Direct Deposit program to fund the employee’s payroll card. Employees can access their money using this card as an ATM or debit card.
Related Questions
- How can I have the proceeds from the sale of my Employee Stock Purchase Program or Walt Disney Investment Plan directly deposited into my bank account?
- What if an employee wants a portion of pay put on the RPM Card and the rest direct deposited into a bank account?
- How long does it take for the money to physically get into the employees or vendors bank account?
