Direct Deposit Fees

November 11, 2019

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Patriot Software provides an easy, convenient, and affordable way to offer direct deposit of paychecks to employees. See our Direct Deposit FAQs page for more details.

Please note that the fees below ARE NOT typical for an account on a regular basis. Fees are only charged when a procedure is necessary to ensure that a received payroll file will be processed for the requested pay date.

Direct Deposit Fee Schedule

Fee Name Fee Description Fee Cost
Company Payroll Return Assessed when sufficient funds are not present in your bank account to fund the payroll amount. $50.00
Correction Request Assessed when your employee’s bank account sends a Notice of Change due to incorrect account information. $7.50
Credit Return Assessed when payroll is unable to be deposited into an employee bank account. $10.00
Item Trace Assessed when a request is made for the Federal Reserve to track the location of a specific item. $25.00
Wire Transfer – Incoming Domestic Assessed when money must be wired to Patriot to fund a payroll. $15.00 per bank wire
Expedited Processing (by approval only) Assessed for direct deposits processed faster than the standard four banking-day window.  This is subject to Patriot Software approval. $0.05 per employee bank account

This list may not be all inclusive. Patriot Software has the right to bill you for any charges incurred that may not be listed here.

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