Direct Deposit Exceeds Daily Bank ACH Limit

Thanks for providing the details, @IASG.

You can submit an online request to increase your direct deposit limit so that you won't need to set some of your employees to be paid on 06/29 and 06/30.

You can send your request by checking this link: Security Limit Increase Requests. I'd also recommend reading through the request tips before proceeding to your request.

Here's an article you can read that provides detailed information in requesting a direct deposit increase: What to do if you hit a direct deposit limit?

You might also want to check this resource to know more about the Service agreement for Direct Deposit. 

Let me know in the comment section if there's anything you need help with. I'm more than happy to help. Take care and stay healthy.

Thank you for the response.

My worry is that even if I increase my Direct Deposit limit with Intuit, I still have restrictions from my bank. I don't think my bank will allow more than certain amount of money to leave my account in a given day to prevent against fraud. I don't think the Intuit limits and Bank limits are one in the same.

Am  I thinking about this correctly?

Thanks for the response, @IASG.

I recommend consulting your bank about this situation. Rest assured, you can provide them the details that my colleague @JasroV  has provided and the bank can help you get your account set up to fit your needs. 

If you need further assistance, please let me know! I'm always here. Have a beautiful day.

Most banks will temporarily raise your limits if you ask. Since you only need this twice per year I would logically think they would go along with your request.  Otherwise is you run an unscheduled payroll a day earlier for a portion of the workforce you can run the regular scheduled payroll the next day leaving out those that were previously paid.

Thanks.

I'm still waiting on the bank. In my experience I haven't had much luck getting banks to change their rules for my small business.

I think I'll set up an unscheduled payroll to create bonus checks on a different day than normal payroll. This will allow me use the supplemental tax rate if it is beneficial to the employee and stay below my bank limits.