Learn how to reverse a direct deposit.
Once you've sent a direct deposit to your employee's financial institution, you can't stop it. But you may be able to reverse it. We explain below.
You may be able to reverse a direct deposit if you meet the following criteria:
Note: You must notify the recipients of the payment that it will be reversed when you submit the request.
Before you request a reversal. It's highly recommended that you have an updated, signed Direct Deposit Authorization form on file from all your current employees.
If you satisfy the criteria above to fill out a reversal.
Follow up information you should know once you've submitted your reversal.