Funding Payroll via Wire Transfer

Wire transfers provide a solution for time-sensitive 7shifts Payroll situations, such as missed processing deadlines or failed company debits due to non-sufficient funds (NSF). This method allows for expedited payroll funding to ensure employees are paid on time.

Things to know

Before you initiate a wire transfer to fund 7shifts Payroll, you must understand the following constraints and requirements:

• The wire transfer amount must precisely match the total payroll amount. Discrepancies will lead to reconciliation issues and potential delays.
• Use the unique routing and account details provided for the specific payroll. Incorrect details can result in lost funds.
• Wire transfers are initiated by the employer and cannot be reversed. Verify all details before sending to mitigate risks like errors or fraud.
• Wire transfers incur an additional fee.(i.e., Employer wire transfers for payroll funding: $25/wire).
• Wire transfers for draft payrolls that missed submission deadline must be sent within 24 hours of receiving the wire request details. Wires outside this window will not be automatically reconciled.

Missed payroll submission deadline

To coordinate a wire transfer for a missed deadline, follow these steps:

1. Contact us to request the wire transfer process.
2. Confirm the draft payroll dates, total payroll amount, and the desired payday with the support agent.
3. Obtain the unique routing and account details provided by the support team for that specific payroll amount.
4. Complete the wire transfer through your bank.
5. Notify the 7shifts support team immediately once the wire has been sent.

Failed or NSF payroll

If a company debit for a submitted 7shifts Payroll fails on payday due to non-sufficient funds (NSF), you can initiate a self-serve wire transfer:

1. Locate the automated email notification from 7shifts or the failed payroll banner within your 7shifts account.
2. Log into 7shifts on the web as an Admin.
3. Navigate to Payroll.
4. Click Review payment options in the failed payroll banner to access the wire details.
5. Refer to the Payroll Failed Funding Guide, for instructions on completing the self-serve wire transfer in your account.

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