While many employees enjoy the ease and convenience of receiving wage payments by direct deposit, some employees resist it. Direct Deposit Program Letter. While state law does not allow employers to mandate direct deposit, in the Attorney General’s opinion this is overridden by the federal law. This policy is adopted in accordance with Louisiana Revised Statue 39-247. You can’t charge fees based on the payment method. Alternatively, employers can choose the bank that employees must use for direct deposit. Major savings are realized because employees stop taking time off to go to the bank. Mandatory Direct Deposit; Description Date Format; Mandatory Direct Deposit Statute: 04/04/2008: URL: Frequently Asked Questions: 04/04/2008: PDF: Notification: 04/04/2008: PDF: Exemption Form: 04/04/2008: PDF: Direct Deposit Policy - See SAAM Page: Chapter 25 - Payroll: Controller's Bulletin FY08-05 - See Controller's Bulletins Page MANDATORY DIRECT DEPOSIT OF PAYCHECK/SALARY WARRANTS The University requires each employee to use the Direct Deposit method for receiving the biweekly paycheck/salary warrant. SUBJECT: Automatic Direct Deposit _____ Automatic deposit of your payroll check to your checking and/or savings account(s) is available through our payroll system. Mandatory Direct Deposit Policy . If an employee does not have a bank account or if they are "un"bankable, all they need to do is get a bank card that can be reloaded. • Do not send a voided blank check. 3. Instead, your pay will be directly deposited into your bank account. Due to the passing of HB 2585 in 2012, the legislature allows Institutions of Higher Education to require payment of wages by direct deposit for employees with accounts in financial institutions and by alternative methods, such as payroll cards, for employees without such accounts. When to Use. MEMORANDUM December 20, 2001 Deans, Directors and Department Heads Ron Tremea, Assistant Vice President Financial and Accounting Services Payroll Direct Deposit Effective January l, 2002, all newly hired faculty and staff who are benefits eligible will be required to use the Payroll Direct Deposit program to receive their pay. As we discussed above, because state wage-payment laws prohibit the mandate of Direct Deposit (thus, that the employee have a bank account in which to receive Direct Deposit), the path to 100 percent electronic payroll requires that 100 percent of an employer’s employees qualify for an EPDS account that allows access to funds by paper (convenience) check. SUBJECT: MANDATORY DIRECT DEPOSIT PROGRAM . The Direct Deposit program will allow you to have your entire net pay transferred to the bank, credit union, or savings and loan of your choice. At my former company, direct deposit was mandatory. The distributions can be a mix of multiple financial institutions, as well as multiple checking and/or savings accounts. Direct Deposit has proven to be a very dependable, safe and economical way … Individuals can split their net pay in up to five (5) distributions. RE: Direct Deposit of Payroll Checks Please be advised that effective __(date)__, __(Name of Organization)__ will no longer be issuing payroll checks. ... An employer may require direct deposit if employees are allowed to choose the bank that will receive the direct deposit. HelloCustomer According to Georgia Code - Labor and Industrial Relations - Title 34, Section 34-7-2, a company can offer employees direct deposit and proceed with that process as long as the employee consents/agrees.My research found no Georgia law that would allow a company to require an employee to participate in direct deposit. No … Employees may choose any US financial institution and may sign up for direct deposit by Some Federal Law The Electronic Fund Transfer Act (EFTA), also known as federal Regulation E, permits employers to make direct deposit mandatory, as long as the employee is able to choose the bank that his or her wages will be deposited into. PURPOSE. • Deposit amount will be full net amount of pay into either your checking/savings account.. • If changing your account type, bank and or account number, you will receive a payroll check until new direct deposit becomes effective. 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