Summary
Employee payroll funds will be deposited directly to a bank or other financial institution specified by the employee and submitted to the payroll office (the financial institution must participate in the Automated Clearing House (ACH) program).
HR Policy Provisions
- Release Dates
Funds to be deposited to a bank or other financial institution will be available on the regular payday. (See HR-219 Pay Periods) - Exceptions
Requests for an exception to the general policy must be submitted by the employee in writing, must provide reasons and must be approved by the appropriate University, MU Health Care, or UM System Human Resources and the University System Controller.
See Also
HR-219 Pay Periods
HR-220 Monthly Payroll
HR-221 Bi-Weekly Payroll
Date Created: 09/26/1997
Updated: 09/01/2000; 07/15/2020
Reviewed 2020-07-17