TRAVERSE Direct Deposit makes payday easier for everyone. Your employees don't need to worry about getting their paychecks to the bank on time—and standing in line when they get there. Direct Deposit, a TRAVERSE Payroll companion module, makes life a whole lot easier. Give your employees another benefit: peace of mind. They'll know that their paychecks will be deposited directly to their bank account. And, you'll get more productivity on payday.
With TRAVERSE Direct Deposit, you can give employees the choice of whether or not to participate. They can also choose to have a portion of their pay deposited to their accounts and receive the remainder as a live check, and they may elect to split deposit amounts between six different bank accounts in up to six different banks.
The employee direct deposit setup form allows you to choose the type of account
(checking, savings, paycheck), account number to deposit to, routing code, and percent
to deposit to each account.