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wdstock / Getty Images Opting to use direct deposit instead of requesting a paper check has advantages such as convenience, security and reliability. It’s also popular. According to a 2020 survey by the American Payroll Association, almost 94% of more than 34,000 respondents stated they receive their paychecks by direct deposit. Wells Fargo customers can also take advantage of this payment method. Discover how to set up Wells Fargo direct deposit to better manage your finances. What Is Direct Deposit?Direct deposit is a simple and cost-effective way for employers, government institutions and other agencies to pay you electronically using your bank account information and your bank’s ABA routing number.
The following types of payments qualify for direct deposit:
How To Set Up Direct Deposit With Wells FargoFollow these steps to set up Wells Fargo direct deposit:
With direct deposit from Wells Fargo, your money will be automatically deposited and available the same day. If you have questions, call Wells Fargo customer service, which is available 24/7, at 800-869-3557. Wells Fargo Direct Deposit Time: When Does It Go Through?Wells Fargo direct deposit times can vary — there is no specified Wells Fargo direct deposit time, nor does the bank provide a precise amount of time it takes for a direct deposit to post to your account. Wells Fargo does, however, state it will add the direct deposit amount to your available balance on the same day it receives the deposit. If deposited after the cutoff time or on a nonbusiness day, it will be credited on the next business day. You can sign up for online alerts and set up direct deposit notifications, which will notify you when your money is available. Does Wells Fargo Process Direct Deposits on the Weekend?Wells Fargo will process direct deposits on the same business day they’re made. Wells Fargo’s business days are Monday through Friday, except for holidays. How Long Does It Take for a Wells Fargo Direct Deposit To Start?Wells Fargo will process your direct deposits once the payer begins submitting them. So, the amount of time it takes for your Wells Fargo direct deposit to take effect depends on how quickly the payer (the organization paying you) takes to process your direct deposit request. This process usually takes one to two pay periods, but Wells Fargo warns this could take one to two months. Does Wells Fargo Offer Early Direct Deposit?Wells Fargo does not offer early direct deposit. All direct deposits received by 8 p.m. PT on a business day are processed and credited that day. This content is not provided by Wells Fargo. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Wells Fargo. This article has been updated with additional reporting since its original publication. Alicia Bodine is a New Jersey-based writer specializing in finance, travel, gardening and education. With more than 13 years of experience, her work has appeared in Chron.com, Livestrong, eHow, USA TODAY, GlobalPost, Education.com and wiseGEEK. Learn More Can you get a voided check online?CHECKPRINT allows its users to get a voided check online in a couple of clicks.
Can I print a blank check from Wells Fargo?You can order Wells Fargo checks online. Instead, you can print them using the check printing software from Online Check Writer. Thanks to Check 21 Act, you can print the checks using any printer reducing the ordering cost by 80%.
Does Wells Fargo charge for voided checks?Footnote 1 1 If an item is returned unpaid, we do not charge a fee, however, the payee or merchant may charge fees for returned items.
Does Wells Fargo have virtual checks?An Online Check Image is a digital copy of a check you wrote that has posted to your checking or savings account.
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