What Is Prenote In Direct Deposit - Web an ach prenote is a preliminary transaction verifying and validating bank account information before initiating an electronic fund transfer (eft). The prenote is a test transaction that is sent to the employee’s bank account before the actual payroll direct deposit is made. Prenotes are used for many financial transactions, including direct deposit and payroll, recurring payments, loan repayments, vendor payments, and insurance premiums.
Web an ach prenote is a preliminary transaction verifying and validating bank account information before initiating an electronic fund transfer (eft). The prenote is a test transaction that is sent to the employee’s bank account before the actual payroll direct deposit is made. Prenotes are used for many financial transactions, including direct deposit and payroll, recurring payments, loan repayments, vendor payments, and insurance premiums.