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Tuesday, 17 July 2018

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News

12 December 2011

Bank of America payroll service gives employees access to paycheck funds through ATMs

Bank of America Merchant Services yesterday announced the launch of the Money Network Payroll Distribution Service. The program enables employers to comply with payroll distribution laws, such as the need to offer a paper paycheck and free check cashing locations, while providing a pay alternative for employees who do not have access to a deposit or checking account.

With the Money Network Service, employees can access their cash through more than 17,750 Bank of America ATMs, and 43,000 Allpoint Network surcharge-free ATMs and at more than 5,700 Bank of America banking centers that offer a minimum of one surcharge-free withdrawal per pay period.

www.atmmarketplace.com