Sections
- How to register your Parallax account details in Gusto
- How to find your Parallax account details
- Gusto deposit speed expectations
Linking your Parallax account
To deposit your money from Gusto to Parallax:
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- Connect your Parallax account
a. Go to your Profile and click on the "Payments" tab
b. Once there, edit your Payment Method
c. You will see a Payment Details tab and fill it out with your Parallax details.
• Choose "Direct deposit - Account in the US, paid in USD"
• Fill in the Account type, Routing number, and Account Number
- Connect your Parallax account

Finding your Parallax account details
1. To find your account details, log in to your Parallax account and on the Home page, under "Your Balances", click on the Deposit button of your Parallax USD Account
2. Choose "ACH Transfer, Wire Transfer, or Direct Deposit" and collect your bank details. Input the necessary information (Account number, Routing number, Account type) into your Gusto account
Gusto deposit speed
Gusto deposits are processed through the ACH network in batches. A 'Completed' status indicates that Gusto has successfully retrieved the funds from your client or employer's account.
The 1-5 U.S. banking day timeline begins once you receive the 'Hooray!' email from Gusto, confirming the funds have been handed over to the ACH network and are en route to Lead Bank for processing.
Please note that Gusto processes transfers in batches, and external factors such as banking holidays, processing schedules, or network delays may impact timing. As a result, deposit timing can fluctuate and cannot be guaranteed to arrive at a specific time.
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