Why would an employer ask an employee to open a direct deposit account exclusively with their personal banker?
Asked by ♥
...as opposed to letting the employee choose the branch and personal banker with whom to open the checking account with direct deposit?

Best Answer:
they shouldn't ask you that. you bank where and when you want. that's why we live in the USA freedom of choice, right? if you don't want direct deposit, you shouldn't be forced to have it. Question this employer, it is your right as am employee. It is your money - you are earning it. Where it goes once he pays you, is completely up to you.

Possibly the fees for the payroll direct deposit would be lower if all employees accounts were in one bank? That's the only reason I can think of.
Answered by Andrea T