Learn how to set up direct deposit and pay your employees.
With payroll, you can set up direct deposit and take the hassle out of paying employees with paper checks.
Before you can use direct deposit, you’ll need to set up your company's payroll bank account. Direct deposit requires a U.S. bank account that is set up for ACH transactions. And there are fees. To learn more about the monthly fees, check your subscription.
We’ll walk you through how to set up your bank account.
Note: Not sure which payroll service you have? Here's how to find your payroll service.
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.