Direct Deposit

If you’ve ever run to the bank to deposit a paycheck, or waited for a check to clear, you understand the power of direct deposit. On payday your employees know their money is instantly available. As an employer you can reconcile your payroll account the same day, without waiting for checks to clear.

With direct deposit, employees designate the accounts in which they want their pay deposited. Then, each period's pay is automatically deposited into their choice of multiple checking, savings, or retirement accounts. Employees receive a pay voucher showing the amounts deposited, and you receive a detail of transactions each pay period.

Benefits Include:

• Use with payroll cards for a 100% electronic solution
• Employees know their money is in the bank every payday
• Off-site employees are guaranteed timely access to their pay
• No need for rush payroll deliveries and costly mail charges
• Improved security with no lost checks
• Clears all funds automatically on payday for same-day reconciliation
• No check signing

  TFG Payroll Debit Cards

  Have an employee who does not have a bank account? Or would be interested in an additional spending account? We have the solution! Offer your employees the freedom of direct deposit on a payroll debit card. Best of all, this card is Visa branded.

  Your employees can sign up today online or they can fax in this enrollment form - it's that simple!

  Please be sure to write "Radcliffe" on any space for "Company Name" so that the account numbers come directly to our office - no need to wait another week for the employee to receive the debit card and then turn in the form to you - it comes directly to us!

  Benefits Include:

  • No check cashing fees - avoid the delay, hassle and cost of cashing a paycheck
  • Immediate availability - the paycheck is deposited directly to the prepaid Visa card
  • Safer than cash - no need to carry a big roll of cash that could get lost or stolen
  • Visa's Zero Liability Policy - protection in case the card is lost or stolen (see visa.com/security for more information)
  • Free activation and balance inquiry
  • No charge for point of sale (POS) purchases
  • Toll free customer service number

    For more information on the card and what it offers both you and your employees, visit TFG's website today!