Direct Deposit Admin Section

If you regularly receive travel and other payments from the IRIS business office, you have the option of having your authorized reimbursements deposited directly into your account at your financial institution rather than receiving the payment by mail. The following are the terms and conditions for participating in the Direct Deposit program.

1. Your financial institution must be a member of an Automated Clearing House in order for you to participate.
2. You must complete the authorization form with the correct bank information of an account for which you have signature authority to enroll in the Direct Deposit program. Once your form is received by the business office, there may be up to a 2 week administrative processing period before the enrollment will become effective. You will receive checks for any reimbursement claims during this period.
3. The standard turnaround time for deposit into your account is 48 hours from the time the business office initiates the entries. You should verify that a deposit has been made to your account before withdrawing funds.
4. If an electronic transfer is returned to IRIS or for any reason cannot be made to your account, the business office will investigate the cause and if necessary, will issue and mail a reimbursement check to you. Pending resolution of the electronic transfer problem, you will continue to receive reimbursement checks in the mail.
5. It is your responsibility to notify IRIS immediately of any changes in your account, such as account closure or change in account number. Complete the form indicating the action is a CHANGE, and specify the new account information. If there is an interruption in the direct deposit service, you will receive checks for any reimbursement claims paid during this time.
6. You may cancel enrollment in the Direct Deposit program by completing the form indicating the action is a CANCEL, or by other written notification of the termination. The cancellation will take effect as of the date you indicate or within a reasonable time after the form is received and can be processed, whichever is later.