Treasury Management | Direct Deposit
Direct deposit service is an efficient way to distribute your company’s payroll and provides a great benefit to your employees.
Direct deposit allows you to deposit you employees’ pay directly into their checking or savings accounts at any financial institution. Direct deposit may also be used for expense reimbursements, pension payments, stock dividends, company bonuses and other disbursements.
Direct Deposit Features
Electronically pay employees through the Automated Clearing House (ACH) network
Submit your payroll file manually or upload National Automated Clearing House Association (NACHA) formatted files through NetTeller Cash Management ™
On the morning of each payday, funds are deposited electronically into your employees’ bank accounts
Eliminates the expense of stop payments and reissuing lost or stolen paychecks
Reduce the risk of check fraud
Simplifies the distribution of payroll to offsite employees
Contact your American National Bank of Texas relationship manager or Treasury Management Services at 800.837.6584 or email@example.com for more information.