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Setup contractor for direct deposit

  1. Navigate to the contractor's Direct deposit tab.

  2. Click “Add bank account.”

  3. Priority – this determines the order in which the deposits are processed i.e. first priority accounts will be deposited before the next priority account will be considered.

  4. Amount – first priority accounts can be setup as a % or $ value but lowest priority accounts only accept 100%. 

  5. Branch – enter the branch or transit number associated with the contractor's bank account. Learn more

  6. Bank name – select the bank from the list of options in the dropdown.

  7. Account number – enter the 5-17 digit account number associated with the employee's bank account.

  8. Account type – indicate if it is a chequing or savings account.

  9. Save the bank account details and the contractor will be paid using direct deposit. 

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  1. Leena @ Wagepoint

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