Setting up direct deposit into a new bank account in BambooHR involves a few steps. Here's a general guide, though specific steps may vary slightly depending on your organization's configuration:
- Log in: Start by logging into your BambooHR account using your username and password.
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Navigate to the Direct Deposit Section:
- On the BambooHR home screen, look for the My Info tab or menu
- From the dropdown menu, select Pay Info or Payment Information
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Add a New Bank Account:
- You should see an option to manage your direct deposit information
- Click on Add Account or Update Direct Deposit
- Enter your Wealthsimple Cash account details, including:
- Account type (chequing)
- Routing number (070300001)
- Account number (8 digits)
- Set Deposit Amounts: Decide how you want your pay to be distributed. You can choose to deposit all of your paycheque into one account or split it between multiple accounts. If you are splitting deposits, specify the amount or percentage for each account.
- Review and Confirm: Carefully review the information you have entered to ensure it is correct. Confirm your changes by clicking Save or Submit.
- Verification (if required): Some banks or employers might require you to verify the new account. If this is the case, follow the instructions provided to complete the verification process.
- Confirmation and Notifications: You should receive a confirmation message indicating that your direct deposit information has been updated. You may also receive an email notification about the changes.
If you encounter any difficulties or the steps look different based on your company's specific BambooHR setup, we recommend contacting your HR department or BambooHR administrator for further assistance.
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