What Time Does Direct Deposit Hit?

Direct deposit is a widely accepted method to deposit paychecks into your checking or savings account electronically. But employees often express concern about the timely arrival of direct deposit. Read the full article to know what time does direct deposit hit?

Direct deposit has become the default payment method for most employees in the past 20 years. According to the American Payroll Association’s 2022 “Getting Paid in America” survey, more than 93% of U.S. employees receive their pay by direct deposit. It’s a quick, easy, and safe method to earn money.

However, not everyone is familiar with its benefits and how it works. Understanding the working of direct deposits and how to maximize their advantages is advisable.

When you complete onboarding at a new job, they often ask you if you want to sign up for a direct deposit. This electronic payment method may sound daunting, but it provides a wide range of benefits for you and your employer.

When receiving a direct deposit, the payer issues an electronic payment that automatically transfers into the payee’s checking account. There is no need for a physical check or for either party to visit the bank for the money to transfer.

Employers typically ask new employees if they want to sign up for a direct deposit, which provides several benefits for both the employee and employer. One of the benefits is that both parties won’t need a physical checkbook to transfer the payment.

Due to its convenience, direct deposit has become a common payment method for US citizens. It is an automatic process that eliminates the need for the employee to collect their paycheck on payday physically.

What is direct deposit?

What is direct deposit
Image Source: Canva

Direct deposit is an electronic payment from one bank account to another. For example, money may move from an employer’s bank account to an employee’s, although there are several other ways to use direct deposit.

Banks use the ACH (Automated Clearing House) network to complete transfers, connecting over 25,000 financial institutions in the country. It is a fast, convenient, and safe alternative to check deposits.

Before the prevalence of the direct deposit concept, payees had to go to the bank to cash their paychecks. However, the payer can initiate an electronic payment to deposit directly into the receiver’s bank account. While paper check deposits took anywhere from two to five days for clearance, direct deposit is just as it sounds: direct. The payee does not have to wait long to receive their payment.

Nevertheless, employees’ or workers’ only concern has been, “What time does direct deposit hit?” Well, direct deposits are instant, meaning you will receive your remuneration the same day your payer sends it.

Typically, the direct deposit hits at midnight; however, the delay could happen due to who sends it and from where. Suppose your employer has a system that ensures every employee gets paid per the payroll schedule. In this case, you can expect the direct deposit to hit midnight on payday.

Direct deposit also allows the facility of split deposit. The split deposit will enable you to direct a fixed amount or percentage of your pay into a savings or investment account upon each pay due time. You will save automatically every time you get paid; it is free. If you are not already using a split deposit, you must ask your employer.

Avoid fees and access your money quickly with direct deposit.

fees charges
Image Source: Canva

Employers or senders make electronic payments directly into your bank account using direct deposit; there is no check or trip to the bank. It is just a predictable way of receiving money, and a more appropriate way of benefiting from digital tools and money management apps that can help you budget. You can also use direct deposit for receiving:

  • Wages
  • Travel and expense reimbursements
  • Pension or 401(k) disbursements
  • Annuities
  • Dividend and interest payments
  • Social security and other government payments
  • Tax and other refunds

How does direct deposit work?

Your employer or pay issuer deposits a paycheck directly into your account through an electronic network called the ACH (Automated Clearing House). ACH transfers money between banks and financial institutions, streamlining the transaction process. This allows the receiver to skip waiting to receive a check and go to the bank to deposit it.

Nowadays, most bank-to-bank transfers happen through ACH. If you have recurring bill payments that withdraw money directly from your account, that is an ACH transfer. Mobile payment services like PayPal, Venmo, and ApplePay also work through ACH transfers.

Many people, including employers, associate direct deposit with payroll because of the ability to process payment much faster without the need to issue physical checks. It is a popular way to receive payment more quickly from your employer, but that is not the only use. You can also use it for:

  • Social security benefits
  • Unemployment benefits
  • Tax refunds
  • Investment-related dividends
  • Child support payments

While most direct deposits are processed using ACHs and banks, these payments can also be made using online banking and mobile apps. For example, you only need their banking information if you want to send money to your friend or family member. In the same way, they can access the funds as soon as they are available.

How to sign up for direct deposit?

How to sign up for direct deposit
Image Source: Canva

Regardless of the payer, setting up direct deposit is essentially the same. The steps you must take to receive your own direct deposit payments are listed below

  • Fill out the direct deposit form. Your company (or other payers) will ask you to fill out a direct deposit form with your name, address, Social Security Number, and signature to authorize the direct transfer.
  • Include your account information. In addition to the information listed above, the most significant information on the direct deposit form is your bank or credit union account information. You must submit your bank or credit union’s the routing number and account number for your company to initiate the direct deposit.
  • Deposit amount. Often, the deposit amount is the same as the amount of your check. Yet, you may have the option, for example, with a paycheck, to deposit a portion of your earnings into your checking account and a portion into your savings account.
  • Please include a voided check or deposit slip. Though you usually submit your account information on the direct deposit form, you may need to include a voided check or deposit slip to guarantee that the payment connects to the correct bank account.
  • Submit the form. With the amount of sensitive information on a direct deposit form, it’s critical to use caution when submitting the form. If you work in a traditional office, you should give this form to your payroll department. If you submit such a form remotely, use a secure file transfer provider rather than simply emailing it.

How long does it take to set up a direct deposit?

How long does it take to set up a direct deposit
Image Source: Canva

Setting up direct deposit can take anywhere between a few days and a few weeks. You may ask your employer what to expect so you do not look for your payments incorrectly. Once your direct deposit account is set up, your payments will automatically arrive in your bank account. Be sure to check the available balance in your checking account before you try to spend any of that money.

However, government payments like tax refunds and social security benefits are typically available immediately, as are payments from employers, though it depends on your bank.

You may receive a paper check as payment while setting up direct deposit instead. Some employers hire employees at the start of the pay cycle to quickly complete the direct deposit authorization process just in time for the new employee to receive their first payment via direct deposit.

What are the benefits of direct deposits?

features, advantages, benefits of direct deposits
Image Source: Canva

Direct deposits have many benefits, which is why many employers and the government have adopted them. For direct deposit, the bank requires no action from the recipient, meaning you do not have to accept the payment or visit the bank in person. They are also more cost-effective than paychecks due to electronic transfer, saving printing, and postage expenses. Here are some of the benefits of direct deposit:

Quicker access

You can get your money much sooner than paper check deposits. Moreover, there are no bank holds on the sum, allowing you to use the cash on the same day.

Less travel

Since the transfer is made electronically, you do not have to travel to the bank to get the check cashed. Once the money transfers into your account, you get a notification.

Heightened safety

It’s easy to lose a paper check, and that can become quite a nuisance, especially if it is your paycheck. On the other hand, direct deposits are safe and insured up to $250,000 by the FDIC.

Automated savings

Since many banks let you split your direct deposit, you can choose to transfer some amount to a checking account while the rest goes to a savings account. This way, you can increase your savings over time without thinking about it.

Direct deposits offer better security because there is no risk of a check getting lost, stolen, or altered. All parties will have an electronic payment record without manually recording payment details. Recipients do not have to wait for their checks to arrive by mail or for the funds to clear. They can receive payment faster and withdraw the money immediately. The sender will also see their checking account balance decrease automatically.

Direct deposit with other kinds of pay

Aside from serving as an alternative for payroll purposes, you can use direct deposit for things like:

Making bill payments

You can avoid the hassle of using checks and postage by signing up for online bill payments or setting up ACH payments with the organization you owe.

Receiving social security benefits

The social security administration pays out social security benefits for retirement income or individuals who suffer a disability and are eligible for social security disability insurance. The social security administration now allows you to receive your payments electronically.

Paying independent contractors

You or your company can use direct deposit to pay independent contractors using your current payroll provider or bookkeeping software.

Satisfying your taxes

Using direct deposit for your tax refunds lets you get your money faster than waiting on a physical check. You can set this up by giving the government your bank account information while filing your tax return or simply letting your accountant know that you would prefer an electronic payment method.

You can even split your payment into several bank accounts, allowing you to save a portion of your refund automatically. Aside from receiving your tax refund, you can also pay your taxes using direct deposit.

Direct deposit for veterans

For former armed forces members, your disability compensation and veterans affairs health care benefits are also paid through direct deposit. If you need any help, you can find it by signing up for direct deposit at on eBenefits, at ebenefits.va.gov.

Direct deposit of insurance benefits

When you file a claim for insurance benefits, like the death benefit of a life insurance policy, you can elect direct deposit of the payment. Generally, you have to choose this option when you file a claim using the claim form provided by your insurance carrier.

  • The claim form contains all the details about your claim, as well as a section to fill out your bank account information.
  • A direct deposit of the death benefit will be made to your beneficiaries for life insurance.
  • Direct deposit of disability insurance benefits usually happens monthly, but this may vary by insurer.
  • Payments for losses covered under homeowners insurance, renters insurance, and auto insurance will be made by direct deposit after the covered damage is assessed and any applicable deductible is applied.

Direct deposit from a third-party payment service

Direct deposit from a third party payment service
Image Source: Canva

Payment services like PayPal, Venmo and the Cash app allow you to send and receive payments entirely within the service. Although the funds in your account are as good as cash, you need to transfer them to your bank account actually to withdraw those funds as cash. Direct deposits are one way to do this.

To set up direct deposits on a third-party payment platform, you must submit your bank account and routing number. Sometimes, the service will attempt a small charge to confirm that the bank account information is accurate.

What time does direct deposit hit the cash app?

What time does direct deposit hit the cash app
Image source: Forbes

Direct deposit on Cash App offers a swift banking experience for users across the US. With its array of financial services, including online money transfers, Bitcoin transactions, stock investments, and Cash App direct deposits, it’s no wonder it’s a favorite among many.

Cash App Direct Deposit allows payers to electronically transfer funds directly into a payee’s account. This means no more waiting in lines at the bank or dealing with physical checks. With Cash App, you can receive up to $50,000 in a single day, with each transaction capped at $10,000, ensuring flexibility and convenience.

The timing of Cash App direct deposits can vary due to several factors, such as server issues, national holidays, or bank non-working days. Typically, after initiation, direct transfers arrive around 12:30 pm EST or 11:30 am CST. It’s crucial to stay informed about any potential delays to ensure a smooth transaction process.

Alternatives to direct deposit

Image Source: Canva

Although direct deposit is one of the easiest and most secure ways to receive your payment, you can not use direct deposit if you do not have a bank account. Instead, you may have to receive payment in one of these ways:

  1. A check
  2. A prepaid debit card, which could have fees to use
  3. Cash, although this is a rare option for employers

You may also consider opening a free checking or savings account at a bank or credit union so you can start getting paid through direct deposit. Other types of savings accounts, like a money market account, may offer a higher-than-average rate of return in exchange for a higher minimum balance.

What time of day does direct deposit hit?

The time of day that your payment arrives in the bank is just one way to keep track of when you get paid. Employers will generally initiate an ACH transfer far enough in advance so as not to disrupt their employees’ schedules.

Many people can expect a direct deposit on payday at midnight usually days before they’re due for payment! In short, you can expect a direct deposit to arrive in your bank account between 12 am and 6 am on the day they are sent out.

How long does it take a direct deposit to show up?

The answer to this question depends on your bank and your employer. Typically, if you have a direct deposit set up with your employer, your paycheck will be deposited into your account on payday. However, there may be a slight delay of a day or two before the funds are available in your account. If you need access to your paycheck right away

What time does direct deposit hit Chase?

What time does direct deposit hit Chase bank
Image Source: Canva

Chase is one of the largest banks in the United States, serving 60 million people with banking, credit card, and loan needs. As you know, direct deposit is the first preference of US citizens, and Chase bank, among other prominent names, offers the best direct deposit services.

If you are not already using Chase’s direct deposit, here is its information, mainly including what time direct deposit hit Chase bank. Chase bank does not offer specific guidance on when your direct deposit will go through and be available. It does, however, specify that it processes all deposits, including direct deposits, before processing withdrawals, purchases, and other transactions each day.

According to the consumer financial protection bureau, most direct deposits hit your bank account immediately, but the funds may not be available until the next business day.

In most cases, your direct deposit will hit your Chase bank account between 3 am and 5 am the following business day after your employer’s bank initiated the deposit. Often you will see your direct deposit as “pending” after 11 pm before it transfers to your account. You should keep in mind that Chase bank does not offer an early direct deposit service for now.

How to set up Chase direct deposit?

Following are the step-by-step instructions to set up your Chase direct deposit account:

  • Log in to your Chase account online or through the mobile app.
  • Navigate to “account services,” tap “set up direct deposit form,” and download the pre-filled Chase direct deposit form.
  • Alternatively, download and fill out the Chase direct deposit form.
  • You will need your Chase bank account number, the bank’s routing number, and your current address.
  • Take the form and a Chase voided check to your employer’s payroll department.
  • Wait for your employer to deposit your paycheck into your bank account.
  • It may take up to two pay cycles for your direct deposit to take effect.
  • Check your monthly paper statement or log in to your account online to verify that the employer deposited it into your account.

What time does direct deposit hit the first bank?

If your employer offers direct deposit, you can automatically deposit your paycheck into your account through the First bank. You only have to print and fill out the direct deposit form and provide it to your employer.

Electronic direct deposits will be available when the bank receives the deposit. You can expect a direct deposit to arrive in your bank account between 12 am and 6 am on the day your employer sends them out. Direct deposit makes your deposits available sooner and can help you avoid the monthly service fee on your First Bank everywhere checking account.

A great new way to handle your paychecks, social security, or other federal benefits, our ‘Go Direct’ service is easy, free, and simple to set up. The First bank partnered up with ‘Go Direct,’ a direct deposit program sponsored by the US Department of Treasury and the Federal Reserve Banks. This service aims to provide for people who get social security and Supplemental Security Income (SSI) checks.


The First bank’s direct deposit program, in partnership with ‘Go Direct’ offers the following benefits:

  • Receive automatic deposits into your account on time, every time, for free.
  • Eliminate the risk of lost or stolen checks.
  • Protect against fraud and identity theft.
  • Access your deposit immediately.
  • Save time and trips to the bank.
  • Reduce paper use

Customers can skip everywhere checking account fees with a direct deposit of any amount during the monthly statement cycle.

What time does direct deposit hit Navy federal?

If you have been reading this article from the top, you must know the importance of direct deposit. It is an automatic electronic deposit of your paycheck into your account. Not only will you have fast, secure access to your funds, but you will also lower your risk of ID theft and mail fraud.

Besides that, you will have a suite of digital tools that simplify managing your money. Nevertheless, the time at which direct deposit hits Navy federal is 2:00 pm, local time, for a staffed office or at noon, eastern time, for a Navy federal automatic teller.

How can I set up a direct deposit?

To set up a direct deposit with Navy federal, you will have to perform the following steps:

  • Firstly, you will need to fill out the form.
  • You will be providing Navy federal credit union’s routing number: 256074974
  • Your account number is a must to provide, available in our mobile app or online banking system.

Directions by employer types

Your setup steps will depend on your employer type. Choose the one from the mentioned below that most closely describes your organization.

Standard pay

Use our direct deposit of net pay enrollment form for paychecks from organizations unrelated to military service, government agency employment, or benefit pay.

Military pay (my pay)

Use MyPay if your paychecks are for:

  • Active Duty military service pay
  • Reserve military service pay
  • Military retirement pay
  • Employment with the Department of Defense (DoD)
  • Civilian employment with the Defense Finance and Accounting Services (DFAS)

Government agency pay and benefits

Use the standard form 1199A for agency pay or GoDirect if you receive benefit payments from the federal government for:

  • Social Security
  • Supplemental security income
  • VA benefits and insurance pay
  • Civil service retirement
  • Railroad retirement


faqs frequently asked questions
Image Source: Canva

Do direct deposits arrive on Sundays?

Direct deposits don’t arrive on Sundays. Sunday is a weekend, and the ACH network doesn’t settle any sort of payroll information on weekends or federal holidays. Your employer will schedule your direct deposit to hit on a Friday if it is scheduled to fall on a weekend.

Why is my direct deposit late?

The most likely reason for your direct deposit being late is that it takes a few extra days to get processed. This can be due to various reasons like maybe your payment is due on a federal holiday which can result in one business day delay. Or maybe the transfer went out after business hours.

If you are in a rush and your deposit hasn’t hit your account, you should consider taking steps like talking to your boss, contacting payroll, or confronting your bank about the situation. One of them might be able to help you in this situation.

At what time does direct deposit hit unemployment?

You can expect the direct deposit to hit your bank account within one to three business days after you have filed to claim your weekly benefits. However, you should keep in mind that the exact duration of when that deposit will hit your account can vary from one state to another. If your payment, unfortunately, is due on a state or federal holiday, it can be delayed by one working day.

How can I void a check for direct deposit?

It’s typical to need a voided check to set up direct deposit. Take an unused check for the account into which you want your money to be put to nullify a check. You will use a pen to draw the term VOID in capital letters across the front of the cheque. Doing this will stop someone from writing a check and trying to cash it. Afterward, turn in your direct deposit form and the voided check to the payroll office.

Is direct deposit free of charge?

Setting up direct deposit for your paycheck with most institutions is simple and cost-free. There are no monthly fees, but you risk overdraft charges if you take money out before it reaches your account, so always double-check that the money has been placed.


Direct deposit is a more efficient and cost-effective payment transfer method in the US, eliminating the need for printing and posting paychecks. After receiving job confirmation, employees can set up their direct deposit accounts by filling out an authorization form that requires bank account or routing number information.

Although employees initially expressed concern about the safety and the time of direct deposit, it has become the standard mode of payment transfer. While different financial institutions have slightly different deposit times, direct deposits typically hit accounts at midnight.

Charles Bains

Charles Bains

Charles Bains started his insurance career as a marketing intern before pounding the pavement as a commercial lines agent in Orlando, FL. As an industry journalist, his articles have appeared in a variety of trade publications. His insurance television career, short-lived but glorious, once saw him serve as the expert adviser on an insurance-themed infomercial (yes, you read that correctly). Having recently worked for various organizations, coupled with his broader insurance knowledge, Charles is able to understand our client’s needs and guide them accordingly. He is a gem for Insurance Noon as his wide area of expertise and experience have been beneficial in conducting further researches to come up with solutions and writing them in a manner which is easy for everyone including beginners to comprehend.