Managing my Direct Deposit

As of November 25, 2024, paycheck direct deposit is no longer supported.

Effective November 25, 2024, Coinbase will no longer support direct deposit. We plan to bring an improved version of the service back in the future. We’ll also be launching a direct deposit feature for Coinbase Wallet soon. To continue seamless investing in the meantime, customers can set up recurring buys or fund crypto balances with other payment methods.

We recommend removing your Coinbase account from your employer’s direct-deposit settings as soon as possible to avoid delays with payments or paycheck distributions.

Remove your Coinbase account from your direct-deposit settings

  1. Sign in to your employer’s payroll provider or contact your company’s payroll department.

  2. Find your Coinbase direct-deposit account number in your paycheck distribution settings.

  3. Remove the Coinbase account as a recipient and replace it with a different destination account (if necessary).

Important notes

  • It can take 1-2 payroll cycles for changes to be processed.

    • Your payroll provider may need additional time to redirect funds to your new account, which may result in delays or missed payments.

  • Confirm the changes with your payroll provider and monitor your paycheck to ensure it reflects the expected changes. 

    • If you encounter any issues, please contact your payroll provider.

  • Transfers from your direct deposit account (using your account and routing numbers) will no longer be supported, so be sure to disable any existing payments.

  • After November 25, direct deposits to your Coinbase account will be returned to your employer and can’t be tried again until you’ve set up new direct-deposit destinations.

  • During the transition period, you may experience delays or missed payments, as your payroll provider may need additional time to redirect funds to your new account.