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AP Direct Deposit for University Employee Reimbursements

(Announcements/Newsletters - University)

http://academicdepartments.musc.edu/vpfa/forms/ap/apdirectdeposit.pdf
2013-02-11
Angela Alford alfordam@musc.edu

Effective April 1, 2013, all University employee reimbursements (travel and miscellaneous) will be electronically deposited. University Accounts Payable will utilize existing payroll direct deposit information on file as of April 1 to deposit reimbursements to the employee's designated primary bank account.

Employees already utilizing this feature will not be affected. Those that have only received reimbursements to date via check will not be required to do anything unless they wish these deposits to go to another bank account.

Direct deposit offers the following advantages:
- Convenience - You do not have to pick up your check from Harborview and go to the bank to cash your check or wait for your check to be mailed via USPS.
- Safety - No more lost, stolen, or misplaced checks. This reduces the growing opportunity for identity theft.
- Your reimbursement check will be available even when you are out sick, out of town, or during emergency situations.
- The check stub is emailed to your MUSC email address for your convenience.
- Many financial institutions reduce or waive monthly service charges for employees enrolled in direct deposit.

The AP Direct Deposit Authorization Form can be found at the link above for those wishing to change the bank account designated for deposit of reimbursements. If you would like to submit direct deposit information, please return it to our office along with a copy of either a voided check or letter from your bank which includes the routing and account numbers. The completed document may be faxed to 843-792-3401 or mailed to:

MUSC Accounting Services
19 Hagood Ave., Suite 505
MSC 817
Charleston, SC 29425-8170

If you have any questions, please call Accounts Payable at 792-4343. Thank you for your attention to this matter.

171 Ashley Avenue · Charleston SC 29425 · (843) 792-2300