Paylocity

Need to move your paycheck from Paylocity into your bank account? The process is simple and convenient. All you have to do is set up a direct deposit on your Paylocity HR & Payroll account, and you are good to go.

Whether you’re setting up a direct deposit for the first time or exploring faster ways to access your earnings, the software makes the process simple and convenient.

The Process Of Setting Up Direct Deposit On Paylocity

Follow the steps outlined below to transfer money from Paylocity to bank account by setting up a direct deposit:

The Process Of Setting Up Direct Deposit On Paylocity

Step1: Log In To Your Paylocity Account

Start by logging in through the Paylocity web portal or mobile app. Have your credentials ready so you can securely access your dashboard.

Step 2: Navigate To The Payroll Section

Once logged in, go to the 'Payroll' section. Here, you can view your current and past pay information, as well as manage how your earnings are delivered.

Step 3: Set Up Or Manage Direct Deposit

If you haven’t already, locate the option to 'Add or Manage Direct Deposit'. You will be asked to enter your bank details so your paychecks can go directly into your account.

Step 4: Enter Your Bank Account Information

Provide the following details:

  • Bank account number
  • Routing number
  • Account type (checking or savings)

Some regions or employers may require additional banking details, so check with your human resources (HR) team to see if anything seems unclear.

Step 5: Save And Confirm

Review the information you have entered to ensure its correct. Once confirmed, save your settings.

Note: Some employers may require a test deposit to verify the account, which will be a small amount sent to your bank that you will need to confirm.

Bonus: Get Paid Faster With Paylocity’s ‘On Demand Payment’

Paylocity makes it possible for employees to transfer their earned wages to their respective bank accounts before the actual payday through its ‘On Demand Payment’ feature. This feature puts users in control of their paycheck, reducing reliance on credit cards or payday loans.

Here’s how it works:

  • You can access a portion of your earned wages between pay cycles directly through the Paylocity app
  • Once requested, the money is transferred to your linked account, typically on the same day

The Process Of Using Paylocity On-Demand Pay Feature

Below are the step-by-step instructions on how to use paylocity on demand pay:

  • Check if your employer has enabled ‘On Demand Payment’
  • In the mobile app or web portal, navigate to the ‘On Demand Payment’ section
  • View the available balance and select an appropriate option. You can request full amount or choose a custom amount (limit for the minimum withdrawal is $50)
  • Receive the funds in the deposit method you have set up

If you need help setting up direct deposit or using ‘On Demand’ features, reach out to your HR or payroll administrator. They will guide you through any specific company policies or requirements.