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Multiple Direct Deposit Examples:

The following are examples illustrating how the distribution of net pay is affected by deposit order.  (You may also download this page in a printable pdf format.)

Assume that this employee receives $1,000.01 of monthly net pay:

Scenario #1 –

Employee wants $500 to go to a savings accounts and the rest to go to a checking account at the same institution:

Deposit Order Transit # Account # Account Type Balance Account Amount %
1 073913755 555555 Savings (blank) $500 0
2 073913755 66666 Checking 0 0

Result: $500 will be deposited to Savings first.  The remaining $500.01 net pay deposits to Checking.  If the net pay is under $500 then the entire amount deposits to Savings.

Scenario #2 –

Employee wants to divide paycheck 50/50 by percentage between savings and checking accounts at different institutions:

Deposit Order Transit # Account # Account Type Balance Account Amount %
1 273975098 555555 Savings (blank) 0 50%
2 073913755 66666 Checking 0 0

Result:  $500.00 (50%) of net pay will be deposited to Savings first.  The remaining $500.01 net pay will go to Checking.

Scenario #3 –

Employee wants to divide paycheck between three accounts by amount:  $300 to savings, $400 to checking, and the balance to a different  checking account.

Deposit Order Transit # Account # Account Type Balance Account Amount %
1 273975098 555555 Savings (blank) $300 0
2 073913755 66666 Checking (blank) $400 0
3 073000545 98765432 Checking 0 0

Result:  $300 will be deposited to Savings first, $400 to the 66666 checking account next, and the remaining net pay will go to the Balance checking account last.  If this employee was paid $625, the first $300 deposits to savings and the remaining $325 would go to the 66666 checking account.  Nothing would go to the balance account.

Scenario #4 –

Employee wants to divide paycheck among three accounts by amount and percentage:  $300 to savings, 10% to checking, and the balance to a different  checking account.

Deposit Order Transit # Account # Account Type Balance Account Amount %
1 273975098 555555 Savings (blank) $300 0
2 073913755 66666 Checking (blank) 0 10
3 073000545 98765432 Checking 0 0

Result:  $300 will be deposited to Savings first, 10% ($100.00) of total net pay will go to the 66666 checking account, and the remaining net pay will go to the Balance account.

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