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payroll: New Questions On Direct Deposit Form




Effective Sept 18, 2009, the Electronic Payments Association changed its operating rules requiring all direct deposit payments ultimately sent outside the U.S. to be identified. Because of the new laws, Business Affairs has been required to change the direct deposit form and also to send an email to all employees and students with an international address on Banner.

The new form and email ask the following question:
"The entire amount of my direct deposit payment is ultimately deposited to a financial institution outside the U.S. Yes or No?"

We ask that departments begin using this form immediately. It is now available on the forms page of the Banner Guide and in the bundled packets.

If you or any of your employees have questions, please contact Nancy Miller in the Payroll Office. (nancy@uoregon.edu, 346-1126)

Thank you,

Judy Duff
Payroll Manager
Business Affairs
541.346.1104
judyduff@uoregon.edu

To view all payroll messages posted since January 2008 visit our
archive at http://www.uoregon.edu/~paynews/payroll