Here’s how it all works. Your payroll or benefits data is submitted by your employer or government agency to the Federal Reserve System. The Fed then notifies Suvi to deposit your payroll or government benefits on a particular date. Suvi funds your account as soon as we get notified (usually 2 days early), rather than waiting for payroll day.
It’s our way of saying thank you for trusting us to keep your hard-earned money safe.