Getting Your Wages Paid Directly Into Your Current Account
26 April, 2023As the summer approaches, many students and young adults will begin their search for a summer job. In the past, receiving payment meant receiving a paper cheque. However, with the advancement of technology, electronic payments have become a popular and convenient option for receiving wages. Not only does it save time and hassle, but it also provides a sense of security and reliability. In this guide, we will explore the benefits of electronic payments and provide a step-by-step process for setting it up. Say goodbye to the days of having to cash a paper cheque and hello to the ease of electronic payments. Let’s get started!
Benefits of Direct Payments for Summer Job Wages
Getting paid into your current account has never been easier and more convenient, thanks to electronic payments. It is a secure way of receiving your wages right into your First South Credit Union account, eliminating the need for cashing paper cheques, which can be quite cumbersome. With electronic payments, you can receive your summer job wages with no extra banking fees (providing you are a full-time student and under the age of 26). In addition to being safe and secure, electronic payments in to your account is a fast and efficient way to get paid. By opting to receive your wages paid directly into your account at First South Credit Union, you can focus your time and energy on your summer job and achieving your goals, instead of worrying about how to receive your hard-earned money.
With the advent of electronic payments, you no longer have to wait in lines or worry about making it to one of our branches before we close. Your hard-earned money is automatically deposited straight into your current account, ready for you to use whenever you need it. Embrace this technology and enjoy the freedom that comes with having your money accessible at your fingertips.
How to Set Up Automatic Savings
While getting paid into your credit union current account has never been easier, spending has also become easier than ever before.
When your wages arrive in your account, you can set up an automatic disbursement into your savings account. You can decide how much of your wages you want to save every time you get paid, and we can automate that for you. You never have to worry about spending all your savings in one fell swoop.
How to Set Up Direct Payments into your Current Account
If you’re looking for a hassle-free way to get paid into your current account, electronic payments is the way to go. It may seem like a daunting task to set up, but it’s actually quite simple.
All you need to do is give your employer or payroll manager the IBAN and BIC for your First South Credit Union current account. You can find these details when you log in to your account online.
Once it’s set up, you’ll be able to access your money quickly and easily. No more worrying about lost or stolen cheques, or having to wait days for funds to clear. With electronic payments, you’ll have peace of mind knowing that your hard-earned wages are safe and secure in your current account. So why wait? Take control of your financial situation and talk to payroll today – you won’t regret it!
Remember to always keep track of your finances and regularly check that the correct payments are being made into your current account by logging in online or through our mobile app, available on Google Play and the Apple App Store.
Conclusion
Receiving your wages into your First South Credit Union current account is the way to go. With all the benefits, including convenience, security, and reliability, why would you settle for anything less? By following the simple steps outlined in this guide, you’ll be able to set it up in no time. Embrace the ease and comfort of getting paid into your current account and take control of your financial future. Let’s make the switch today!
Click here to download a useful payroll form. Simply fill it out and give it to your payroll manager.
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First South Credit Union Limited is regulated by the Central Bank of Ireland.
