Direct Deposit & Official Check Services
Make payday simpler and more secure
Reduce exposure to risk by having your funds drawn from Ceridian's bank account and use either our direct deposit or official check services to pay your employees.
Direct Deposit
Ceridian can manage the transfer of payroll funds from your company's payroll account and send the direct deposits to your employees' bank accounts. Ceridian becomes your single point of contact for payroll payment and support, allowing you to reduce bank processing fees, reduce administrative tasks associated with distributing printed paychecks and eliminate check fraud risks for your employees.
Ceridian Check
The American Banking Association estimates that check fraud losses in 2006 reached a record $12.2 billion, up 75 percent from 2003. Most analysts believe check fraud is on the rise and the trend is likely to continue. With Ceridian Check, Ceridian employs the highest security measures to mitigate check fraud. In addition, Ceridian will handle the following tasks:
- Reconciliation of payroll checks
- Teller Positive Pay
- Provide monthly reports of outstanding checks
Ready to take the next step?
Contact us today to find out how you can eliminate the cost and hassle of paycheck distribution through direct deposit and official check services.
