We are pleased to announce an additional advantage for employees currently enrolled in paycheck direct deposit.  Beginning July 1, 2010, the Accounts Payable Office will issue business expense reimbursements via direct deposit to employees who are currently enrolled in paycheck direct deposit.  In addition to offering greater security and quicker reimbursement of out-of-pocket business expenses, this enhancement will……….eliminate mailing the checks, reduce costs and contribute to Drexel’s green initiative.

For those who have multiple payroll direct deposit accounts, business expense reimbursements will be deposited into your primary bank account previously provided to the Payroll Office.  On the day of the deposit, the payee will receive an email notification from Accounts Payable to confirm the amount of payment and when the funds will be available. 

For student employees enrolled in paycheck direct deposit, please note that your reimbursement will be deposited into your  primary payroll bank account………which may be different from the bank account you have designated for eRefunds of excess funds in your student billing account.     

Business expense reimbursement via direct deposit is only available to employees who are currently enrolled in paycheck direct deposit.  We encourage all employees to take advantage of the many benefits of paycheck direct deposit……….including safety, security, convenience, timeliness and now direct deposit of business expense reimbursements.  Sign up for payroll direct deposit by completing the Payroll Direct Deposit Authorization form at http://www.drexel.edu/depts/compt/payroll/DirectDeposit.pdf

For additional information on business expense reimbursement via direct deposit, consult the resources at http://www.drexel.edu/depts/compt/ap/faq_dd.html or contact the Accounts Payable Department at 215-895-2840 or email acctpay@drexel.edu.

Office of the Comptroller |  3201 Arch Street | Suite 400  |  Philadelphia, PA 19104