Common use of Electronic Transfer of Wages Clause in Contracts

Electronic Transfer of Wages. All full-time employees will receive their pay on a bi-weekly basis by electronic transfer of funds into their respective financial institution account. All new employees will be required to complete a Payroll Bank Authorization Card and provide a sample voided cheque on commencement of employment. In the event an employee changes financial institutions or accounts within their current financial institution, it is the employee’s responsibility to notify the Employer by completing another Payroll Bank Authorization Form.

Electronic Transfer of Wages. All full-time employees will receive their pay on a bi-weekly basis by electronic transfer of funds into in to their respective financial institution bank account, trust company account, or account with the Metro Credit Union. All new employees will be required to complete a Payroll Bank Authorization Card and provide provided a sample voided cheque on commencement of employment. In the event an employee changes financial institutions banks, trust companies accounts, or accounts within their current financial institutioncredit union accounts, it is the employee’s responsibility to notify the Employer by completing another Payroll Bank Authorization Form.