Direct Deposit is a free service that automatically deposits your recurring income into any Wells Fargo checking or savings account you choose. Income from your job, Social Security, pension and retirement plans, the Armed Forces, the Department of Veterans Affairs (VA), and annuity or dividend payments may qualify for the Direct Deposit service.
- It is convenient. Save time by having your money automatically deposited into your Wells Fargo account.
- It’s fast. You have access to your money the same day the deposit is made.
- It is safe. Never worry about lost, delayed, or stolen checks.
Customers using Direct Deposit can also take advantage of the automatic Overdraft Rewind ® feature.1. If we receive an electronic direct deposit no later than 9:00 am local time, the bank will automatically reevaluate the previous business day’s transactions and may reverse overdraft, returned item, or non-sufficient funds (NSF) decisions. acronym in English), and reimburse you or waive the payment of the associated charges.
three easy steps
If the company or agency that pays you offers Direct Deposit, follow these three easy steps to set up Direct Deposit for your Wells Fargo account.
Step 1. Use our pre-filled form
Sign on to Set Up Direct Deposit(Login to set up Direct Deposit service) to create your personalized Direct Deposit form. Simply select the account you want the deposits to go to and we’ll fill out the form with the routing number, account number, and account type.
Or, you can download a blank Guide to Setting Up Automatic Payments or Direct Deposit (PDF) and fill in the information yourself. For checking accounts, the diagram on the form shows you where to find the information you’ll need.
If you have questions about direct deposit from a federal agency, all the necessary contact information is on the Direct Deposit Information Form; You can also visit the nearest Wells Fargo Consumer Banking branch.
Step 2. Print the completed form, and provide the information to the company or agency that will make the payment
Your payer may ask you to complete their form or provide them with a voided check to process your request.
Step 3. Monitor your account
It may take one or two pay or benefit periods before the Direct Deposit service becomes effective. You can sign up for alerts2 to notify you when a direct deposit is available in your account. Simply sign in to set up alerts.