Common use of Electronic Transfer Clause in Contracts

Electronic Transfer. The Board shall make electronic transfers for an employee who so notifies the Treasurer's office in writing. There shall be a sign-up period during the month of September each school year. Electronic transfers may be canceled by the employee at any time. An employee's salary shall be paid by electronic transfer to a bank(s) and/or savings and loan institution(s) selected by the employee and within the distributing financial institution's network, no later than the Monday following the pay date. If the pay date is other than a regular pay date, the electronic transfer to the distributing financial institution will be made no later than the date that paychecks are distributed. New employees will be encouraged to sign up for direct deposit.

Electronic Transfer. The Board shall make electronic transfers for an employee who so notifies the Treasurer's office in writing. There shall be a sign-up period during the month of September each school year. Electronic transfers may be canceled by the employee at any time. An employee's salary shall be paid by electronic transfer to a bank(s) and/or savings and loan institution(s) selected by the employee and within the distributing financial institution's network, no later than the Monday following the pay date. If the pay date is other than a regular pay date, the electronic transfer to the distributing financial institution will be made no later than the date that paychecks are distributed. New employees will be encouraged to sign up for direct deposit.

Electronic Transfer. The Board shall make electronic transfers for an employee who so notifies the Treasurer's office in writing. There shall be a sign-sign- up period during the month of September each school year. Electronic transfers may be canceled by the employee at any time. An employee's salary shall be paid by electronic transfer to a bank(s) and/or savings and loan institution(s) selected by the employee and within the distributing financial institution's network, no later than the Monday following the pay date. If the pay date is other than a regular pay date, the electronic transfer to the distributing financial institution will be made no later than the date that paychecks are distributed. New employees will be encouraged to sign up for direct deposit.