Direct deposit allows you to transfer funds electronically from your U.S. bank account to your employees’ accounts. There is a 2-day lead time for direct deposit. For example: approve direct deposits on Tuesday by 6pm(ET) to guarantee they will arrive in your employees’ accounts on Thursday 11pm(ET) andorramed.com. To set up direct deposit, you submit an authorization form and routing/bank account numbers for your bank account and each employee who wants direct deposit. Initial confirmation usually takes 2-3 ½ weeks. After that, you can do 2-day direct deposit.