Direct Bank Deposit: For each pay period, we produce a computer file containing a record for each participating faculty and staff member. The record identifies your net deposit amount, your financial institution and account number.

We deliver this computer tape to our financial institution which, in turn, enters it into the Automated Clearing House (ACH) system. There the deposits are sorted and electronically forwarded to your financial institution for credit directly to your account on payday.
Link to the information page or form below:

Direct Bank Deposit Sign-up Instructions
Direct Deposit FAQs
Direct Bank Deposit Authorization Form

To Stop Direct Bank Deposit: There may be situations where a direct bank deposit needs to be stopped. The Stop Pending Direct Deposit Transaction form (below) must be filled out and received by your Payroll department as soon as you are aware of the situation. Payroll can then request a stop or a reversal on a DD record if it is at least 2 business days prior to the check date.

The Stop Direct Deposit Terminology link below explains when a STOP, REVERSE or RECLAIM can occur for a Direct Deposit (DD) on an IU Paycheck.

Stop Pending Direct Deposit Transaction
Stop Payment and Reissue of Paycheck
Stop Direct Deposit Terminology