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mikefortman

August 12, 2007

Posted by mikefortman

I would like to know if there is much hazard in giving my employer my account number for a direct deposit?

I called my bank and they said that the only way someone would be able to tamper with accounts is if he/she had a certain license to do this with the account info; and I could easily file a claim and everything can be traced.

Does anyone have much experience with direct deposit pay?

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trackman

August 12, 2007

Posted by trackman

0 stars ( 0 ratings )

Your bank is right, there is really no reason to worry about direct deposit. Almost every employee at my work uses direct deposits as it has benefits: the money is available in your account faster (no driving a check to the bank or waiting for it to clear to receive the entire amount). Also, the company benefits from not having to purchase stamps to mail every employee's check. I would highly recommend direct deposit.

Comments

  1. trackman: Also... I have had direct deposit for at least the last 10 years, and have never had a problem with it. Payroll dept person would be in deep legal trouble if they had anything to do with stealing from your bank account.
  2. trackman: # Test
  3. ConradSmith: I love your icon by the way.....

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