Direct Deposit Switch
Overview
Direct deposit switch product (product=dds
) can be useful for activating new checking accounts or redirecting part of user's paycheck to savings or investment accounts.
Direct deposit product (DDS) allows your users to switch all of their pay check or a portion of it to your company.
DDS requires routing number, account number, user-friendly bank name and account type (checking or savings) to initiate Truv Bridge.
We handle the use cases Full switch
or Partial switch
(split by percentage or split by amount).
Creating a direct deposit switch request is done when creating a bridge_token.
- The Create Bridge Token endpoint accepts
deposit_switch
as a value for the product_type.. - When specifying a
deposit_switch
value you must also provide the following fields:
account.account_number
account.account_type
account.routing_number
account.bank_name
account.deposit_type
account.deposit_value
Options for splitting are usually governed and provided by the payroll provider.
Updated almost 2 years ago