How do I benefit from direct deposit?

The benefits of direct deposit include:

• No lost, stolen, or damaged paycheck,
• No waiting in line at a bank to deposit your paycheck,
• On each pay date, your money will be deposited into your bank account even if you are on vacation or out of town. 
• Direct deposit is more secure than paper checks.

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Is direct deposit required for payroll payments?

Yes - direct deposit is mandatory for all employee payments. If you do not have a direct deposit account or do not complete the direct deposit set-up process, an Oakland University Credit Union PayCard will be assigned to you for electronic payments.

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How do I enroll for direct deposit of my paycheck?

There are two ways you can enroll in direct deposit for paychecks:

1. Enrollment via SAIL - Employee - Direct Deposit
2. Print and complete the Employee Authorization Agreement for Direct Deposit for Payroll Form and submit it to the Payroll Office at: 502 Meadowbrook Rd, 121 W Vandenberg Hall, Rochester, MI 48309, with the required documentation for either checking or savings account.
3. Note: Enrollment of Accounts Payable Employee Reimbursements can be done through the Employee Authorization Agreement for Direct Deposit for Payroll Form or by enrollment via SAIL - Employee - Direct Deposit.

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When I enroll in direct deposit for payroll, when will it start?

Once you have updated SAIL with your banking information or your paper form is received in the Payroll Office, the direct deposit will generally happen with the 1^st pay period following five (5) business days.

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What payments from OU will I receive by direct deposit?

 
Payroll:

-          Employee salary or wages earned on a bi-weekly or monthly basis.

-          Enroll online via SAIL - Employee - Direct Deposit or use the Employee Authorization Agreement for Direct Deposit of Payroll Form or

Accounts Payable:

-          Accounts Payable Employee Reimbursements:  Example - travel expense.  (See Note in How do I enroll in direct deposit for my pay checks?).
-          Student Refunds, Accounts Payable payments, and Reimbursements.

-          Enroll online using Authorization Agreement for Direct Deposit of Payments @ mysail.oakland.edu.

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Can I split the direct deposit into more than one bank account?

Yes. Payroll funds only, may be deposited into a separate U.S. financial institutions. 

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Can my payroll direct deposit be deposited in the account of my choice?

Yes. You may choose which U.S. bank or credit union accounts you would like to use for your payroll direct deposit.

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How will I know when my direct deposit is posted to my bank account?

You can confirm your direct deposit by viewing your account(s) or communicating with your financial institutions to ensure that all direct deposits have been correctly applied.

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How do I obtain a copy of my pay stub?

You will be able to retrieve a copy of your pay stub by accessing the Employee section of the Oakland University SAIL website.  After logging in, go to Employee Services - Pay Information - Pay Stub.

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What happens if I change banks or bank accounts?

You must make the required changes via SAIL - Employee - Direct Deposit or submit a new  Employee Authorization Agreement for Direct Deposit of Payroll Form to the Payroll Office, immediately, Please allow enough time for changes to be implemented.  See If I enroll in direct deposit for payroll, when will it start? 

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If I already have my student refund/reimbursement direct deposited, will I need to complete a Payroll Direct Deposit Authorization Form? 

Yes. The  Employee Authorization Agreement for Direct Deposit of Payroll Form can be submitted directly to the Payroll Office or enrollment can also take place via SAIL- Employee - Direct Deposit.  For student employees, enrollment in Payroll direct deposit and Accounts Payable direct deposit are two separate processes. 

Direct Deposit for students refund/reimbursements must be submitted online using the Direct Deposit form @ mysail.oakland.edu.

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What happens if my paycheck is not accepted by my financial institution?

Oakland University presently participates with more than 9,500 financial institutions across the United States. If a direct deposit is not accepted by your financial institution, the Payroll Office will be notified and the reason for rejection will be reviewed. The Payroll Office will contact you to arrange a reissue of payment.

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Can I direct deposit funds into an international financial institution?

No. Currently, Oakland University is not able to direct deposit funds into an international financial institution. Also, it is not possible for you to direct deposit funds into a United States financial institution and electronically transfer the entire amount to a foreign financial institution in "back-to-back", "automatic sweep" or similar transactions.

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If I have additional questions, who should I contact?

Payroll:   Please contact the Payroll Office at (248) 370-3472, Monday through Friday from 8:00 a.m. to 5:00 p.m, or by e-mail at payroll@oakland.edu.

Accounts Payable for Students: Please contact the Office of Student Financial Services at (248) 370-2550, Monday through Friday 8:00 am to 5:00 pm, or by e-mail at mystuact@oakland.edu.

Accounts Payable for Employees: Please contact the Accounts Payable Office (248) 370-4395, Monday through Friday 8:00 am to 5:00 pm, or by e-mail at payables@oakland.edu.

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