What are the options that our company has for processing employee direct deposits? (NatPay)

Fuse does not offer 3-day, or less, ACH funding for Employee Direct Deposits.

The following options are available for your company to choose from:

1. 5-Day ACH processing window:
   1. Process payrolls at least 4 business days before the Check Date
   2. Fuse Workforce processes ACH Debits from your company bank account to occur 3 business days before the Check Date.
      1. Separate ACH Debits for:
         1. Direct Deposits
         2. Payroll Taxes
         3. Invoice Fees
2. Pre-fund with a wire:
   1. Process payrolls at least 2 business days before the Check Date
      1. In unique situations, your payroll can be processed 1 business day before your Check Date as long as the wire is received that same day
   2. Initiate wires through your bank to Fuse Workforce, pre-funding your entire payroll, including your direct deposits, payroll taxes, and invoice amount, no later than 1 business day before the Check Date
3. Pre-fund with a reverse wire***:
   1. Authorize your bank to allow Fuse Workforce to initiate reverse wires (aka draw-down wires)
   2. Process payrolls at least 2 business days before the Check Date
   3. Fuse Workforce initiates a reverse wire from your company bank account 1 business day before the Check Date for the total of your direct deposits, payroll taxes, and invoice amount
   4. Fuse charges an additional processing fee of $10 per wire for reverse wires
4. Process direct deposit through your bank:
   1. Process payrolls at least 2 business days before the Check Date
   2. Fuse Workforce generates a NACHA file for you to then provide to your bank for them to process your direct deposits
      
      

*** To set your company up for the reverse wire option, the following forms will need to be completed and returned to Fuse.

1. Wire Transfer Drawdown Authorization