Direct Deposit allows State of Illinois payees to electronically receive their payments. Vendors opt for Direct Deposit because they get their money in the bank account faster than waiting for a hardcopy check to be printed and delivered through the mail.
More than 70 percent of all the payments processed by the Office of the Comptroller are issued electronically. In addition to be faster than the printing process, Direct Deposit is the safer payment option. Gone are the days of paper checks being lost in the mail or misplaced in a cluttered drawer.
Payees on Direct Deposit also have access to more innovative tools offered by the Office of the Comptroller, such as Enhanced Vendor Remittance and the ILPays mobile application.
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