 
Comptroller's Office |
||||
 |
 |
 |
 |
|
 |
|
 |
|
 |
|
[ Payroll ] Direct Deposits All employees should enroll for direct deposit via the on-line direct deposit feature now available at the U@Penn portal http://medley.isc-seo.upenn.edu/penn_portal/u@penn.php. Direct Deposit is more convenient to the employee (there is no need to be at work on payday to receive pay; it eliminates multiple trips to the department Business Office because the person distributing checks is unavailable; it eliminates the possibility of having the check lost, stolen or damaged; it will also eliminate additional fees charged due to lost or stale dated checks). Direct Deposit also allows the Business Office staff time to perform other responsibilities that advance the mission of your area. Allow for 2-3 weeks for new accounts or new banks to take effect. Employees should always stop Direct Deposit BEFORE closing an account at the bank! Employees will be charged a fee of $25 for any funds returned to the University due to invalid or closed accounts.
In these times when banks are selling branches on a regular basis, it is absolutely imperative that every employee who participates in the direct deposit program open and examine their advices every pay period. Please check to ensure the correct amount of money went to the correct account in the correct bank. Please notify all employees in your ORG that they should check this every time they receive an advice. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Copyright © 2006, University of Pennsylvania 3451 Walnut Street, Philadelphia, PA 19104 · 215.898.5000 Copyright Information | Contact Us | Privacy Policy  Visit Penn's website |
|