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