Why is my direct deposit late
Can direct deposit be delayed?
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Timecodes:
take our lead
let's help you make your mark our goal
is your satisfaction let us show you the
way
in short the answer is no the ach
only processes direct deposit transfers
monday to friday
when payday falls on a bank holiday
employees direct deposits are delayed a
day
again when there's a bank holiday any
time between when you run payroll and
the pay date
there's a direct deposit processing
delay
take our lead you may be entitled to
file a claim against your employer with
the state labor agency to recover your
unpaid wages
you can also file a civil lawsuit
against your employer for the amount
owed
either way you may also be able to
recover liquidated damages and your
legal costs
in addition to your late wages
take our lead if you're wondering how
long direct deposit takes
the time frame depends on the entity
issuing the funds
for example if your employer uses
payroll software to process your
paycheck and send the transfer
they'll set a pay date that's the date
you can expect to see the funds in your
bank account
make your mark take our lead
because your employer didn't schedule
the payment ahead of time
my paycheck arrives on the same day the
pay stub is cut
your company may not use an ach payment
system
i work at a bank and i've never seen a
hold on a direct deposit
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