Direct Deposit

Pay employees via direct deposit.

Paper checks are a pain — you have to print them, sign them, distribute them, and then employees have to deposit them. Someone always loses one.

Direct deposit gets money into bank accounts automatically on pay day. No paper, no trips to the bank, no “my check got lost in the mail.”

Setting up direct deposit

Your company funding account

First, we need a bank account to pull payroll funds from:

1. Add your bank account

   Go to Settings → Payroll → Bank Account and enter your business checking details.

2. Verify ownership

   We’ll send two small deposits (under $1) to confirm you control the account. Log into your bank, find the amounts, and enter them in Pluvel.

3. Done

   Your account is ready to fund payroll.

Verification takes 1-2 business days. Plan ahead before your first payroll.

Employee bank accounts

Each employee needs their bank info on file:

1. Open their profile

   Go to Payroll → Employees and select the employee.

2. Enter bank details

   • Bank name
   • Routing number (9 digits)
   • Account number
   • Account type (checking or savings)
3. Optional: verify with micro-deposits

   Send a test deposit to catch typos before real money moves.

Employees can also add their own bank info through self-service if you’ve enabled it.

Split deposits

Employees can send their paycheck to multiple accounts — great for auto-saving:

Example	How it works
80% / 20%	80% to checking, 20% to savings
$500 / remainder	$500 to savings, whatever’s left to checking
$200 /$300 / rest	$200 to savings,$300 to vacation fund, rest to checking

Setting up splits

1. Open the employee’s profile
2. Go to direct deposit
3. Add primary account
4. Click Add Split
5. Add secondary account(s)
6. Set amounts or percentages

Up to 3 accounts total. Employees can also set this up through self-service.

Processing timeline

When	What happens
You submit payroll	Payroll is locked in
2 business days before pay day	We debit your bank account
Pay day morning	Money lands in employee accounts

The 2-day lead time is an ACH network requirement, not something we control. Plan your submissions accordingly.

Same-day ACH

Need to pay someone today? Same-day ACH is available:

• Submit by morning cutoff (usually 10am PT)
• Funds arrive same business day
• Small additional fee per deposit

Useful for bonus payments, final paychecks, or “oops we forgot to add them to payroll” situations.

Failed deposits

Sometimes deposits fail:

Reason	What happened	What to do
Invalid account	Typo in account/routing number	Get correct info, reprocess
Closed account	Employee closed the account	Get new account, reprocess
Bank rejection	Various reasons	Contact the employee’s bank

You’ll be notified immediately. The employee will need a paper check or reprocessed deposit.

Prenote verification

Optional but recommended for new accounts:

1. We send a $0 test transaction
2. Verifies the routing/account numbers are real
3. Catches errors before real money moves

Takes 3-5 business days. Worth it to avoid failed deposits on the employee’s first payday.

Security

Moving money requires serious security:

Protection	How it works
Encryption	Bank numbers encrypted at rest and in transit
Tokenization	Full numbers never stored in plain text
Verification	Multi-step process to add new accounts
Audit trail	Every change logged with who/when
Notifications	Employees notified when their bank info changes

Employee self-service

Let employees manage their own bank info:

1. Enable in Settings → Self-Service
2. Employees log into their portal
3. They add or update accounts
4. Changes take effect next payroll

You don’t need to be in the loop for routine updates.

Be cautious if an employee requests a bank change right before payday, especially via email. Payroll redirect fraud is real. Verify unusual requests through a phone call or in person.

International payments

For employees outside the US:

• Wire transfers available
• Currency conversion included
• Additional fees and longer timelines

Not as seamless as domestic ACH, but it works.

Run payroll

Everything’s set up — now run your first payroll.