Learn how to set up direct deposit and pay your employees.
With payroll, you can set up direct deposit and pay your employees with electronic deposits directly into their bank accounts.
Before you can use direct deposit, you’ll need to set up your payroll bank account. Direct deposit requires a US bank account that is set up for ACH transactions. After you set up a direct deposit for your company , you can add your employees' information. We’ll walk you through it here.
Note: Intuit will charge you a fee for using direct deposit for employees or contractors. To learn more about the monthly fees, check your subscription.
|Note: Not sure which payroll service you have? Here's how to find which payroll service you have.|
Learn how to set up your direct deposit with:
Do direct deposits have limits?
To protect against fraud, your account does have a limit on the amount of money you can send with direct deposit.
If you’re planning on running a larger than normal payroll for things like bonuses or pay raises, you can request an increase.
Can I pay anything else with direct deposit?
You can only use Intuit’s direct deposit services to pay your employees or contractors. To pay any other company expenses, you will need to use another method of payment.
For contractors, you can only pay direct deposit into a single savings or checking account.