Direct Deposit through Business Online Banking
Our products and services can help you stay organized and cut down on time and costs associated with running payroll. Direct Deposit through our business online banking service is an electronic deposit and distribution of payroll funds designed for businesses to make payday easier.
Improve your internal efficiencies with direct deposit services from Chesapeake Bank online business banking.
Provide your employees with the convenience of eliminating paper checks and give them electronic access to pay stubs and W2’s.
Fast and Easy
Give your employees fast access to funds with direct deposit directly into their accounts.
Payroll Just Got Easy
As a business owner or payroll manager, you need payroll management to be quick and easy. Spending time on cutting checks and distributing them to your employees could be time better spent. Whether your company has one employee, 100 employees, or even more, using Payroll Direct Deposit to set up direct deposits is a simple way to make life a little easier—for you and your employees.
Your business account is electronically debited for the amount of current payroll. Your employees' accounts—at whatever bank they use—are electronically credited with the amount of their paycheck.
Give yourself the gift of:
- Time and cost savings
- Your employee’s funds immediately available in their accounts
- No more signing and distributing payroll checks
- Determined by the number employees to be set up on direct deposit
- Must be enrolled in Business Online Banking