Data Transmission
To improve the speed associated with submitting payroll data, a method of communicating at high speed via computers using ordinary telephone lines, called data transmission, is available at most participating banks.
Some of the advantages of data transmission are:
- Elimination of courier delays and expense in tape/diskette delivery;
- Savings in clerical expense;
- More timely availability of data; and
- Improved internal control.
Parent Topic: Direct Deposit of Payroll