FlexAmerica allows and encourages the use of direct deposit. Participants who send in a direct deposit form will have their claims processed as normal. Each Thursday, a claims remittance notice will be mailed to the claimant. The funds will become available to the participant between Friday night and Monday.
Employers participating in the option will have the funds electronically transferred from their account to the participant's. Employers using this funding option should have the funds more readily available for the transaction since there is no float on the transfered monies.
That's all there is to it. If you would like to start using direct deposit today, send an email to employersupport@flexamerica.com