FIU requires that all current employees receive salary payments from the university by direct deposit. Direct deposit is a free service that automatically deposits your paycheck into an account at the financial institution of your choice. The financial institution that you choose must be located in the United States and accept Automated Clearing House transactions. Direct deposit will significantly reduce paycheck processing costs incurred by the university. Direct deposit is a secure, convenient, and fast alternative to traditional checks. Direct deposit eliminates the risk of lost or stolen checks and saves you from waiting in lines at the bank. In addition, many banks offer free or low-cost accounts when you use direct deposit.

• It’s fast. Your money is available earlier because you don’t have to wait for your paycheck to clear.
• It’s safe. Unlike a paper check, it will never be lost, stolen, or misplaced.
• It’s convenient. You don’t need to go to the Payroll Office to get your check or make a trip to your financial institution to deposit it.
• It’s reliable. Your money will be in the account you specify even if you’re on vacation or out sick.
• It’s free. There is no charge for this service and your financial institution may even offer incentives when you participate in direct deposit.
• It’s easy. Complete the request on-line via the PantherSoft HR Employee Self Service.

The direct deposit change functionality through the self-service portal is temporarily disabled. In the meantime, to make any changes to your direct deposit details please bring a picture ID to the Human Resources Service Center at MMC in PC 224 and at BBC in LIB 322 during regular business hours (Monday-Friday, 8:30 AM-5 PM).