how do u get paid?

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richgamer

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Topic # 31045 3-Mar-2009 01:35

does anyone get directly paid from their employer and the pay going directly into your cheque account? my brother is starting a new job in a few weeks and he has a savings and cheque account with his bank(he only had savings account up until a few days ago), and he wants to know if his employer can pay him directly into his cheque account instead of his savings account?

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Reply # 198873 3-Mar-2009 02:03

employer can pay directly into whatever bank account number you ask them to. You can always get paid into your savings account so that the money earns interest until you need it - as long as you dont get charged for withdrawls from the savings account. problem with that approach is that you need to keep an eye on account and transfer to cheque ahead of bills going out or you;ll get stung for 'unarranged overdraft penalties'

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davidcole

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Reply # 198885 3-Mar-2009 08:27

some employers, like the bigger corporates, will also allow you to split your pay into different account if you have reason to want that as well.

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ajobbins

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Reply # 198890 3-Mar-2009 08:46

It's quite normal to be paid into a cheque (More often called a Current or Cash account these days). You simply make sure you give your employer the right suffix for the account you want to be paid into when you give them your account details.

Some banks (Kiwibank that I know of, and possible others) also have 'Sweep' services, where you can have money paid into say a Savings account, and it will automatically 'Sweep' money across into the Current account to cover any automatic payments, withdrawals etc.

nate

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Reply # 198971 3-Mar-2009 14:54

Since I'm the boss here, I pay myself in magic beans. If we have a really busy week, I also get a sacred cow, which I take to the local market and swap for shiney beans and special tomato plants.

Dratsab

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Reply # 199024 3-Mar-2009 19:23

richgamer: does anyone get directly paid from their employer and the pay going directly into your cheque account? my brother is starting a new job in a few weeks and he has a savings and cheque account with his bank(he only had savings account up until a few days ago), and he wants to know if his employer can pay him directly into his cheque account instead of his savings account?

Of course they can. Did anyone bother asking the employer before you decided to come here with this???

zocster

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Reply # 199030 3-Mar-2009 19:50

nate: Since I'm the boss here, I pay myself in magic beans. If we have a really busy week, I also get a sacred cow, which I take to the local market and swap for shiney beans and special tomato plants.

lol .. can I have some shiney beans too?

johnr

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Reply # 199035 3-Mar-2009 20:00

Cheque account or savings account its just the suffix thats different. The person paying the wages would not give a stuff. its only digits how do these questions end up on gz.

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Reply # 199080 3-Mar-2009 23:22

zocster: lol .. can I have some shiney beans too?

I'll give you some special tomato plants, just make sure Dratsab doesn't see you with them...

Dratsab

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Reply # 199263 4-Mar-2009 18:49

nate:
zocster: lol .. can I have some shiney beans too?

I'll give you some special tomato plants, just make sure Dratsab doesn't see you with them...

ha ha - the beans aren't shiny at all, it's just the special tomato plants that make you think they are.

yugioh

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Reply # 200998 13-Mar-2009 12:19

i don't think you can deposit beans into yourchequing account.