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2. What is a demand deposit account (DDA)? - AOL

   www.aol.com/finance/demand-deposit-account-dda...

   A direct debit authorization refers to transactions you make using your debit card. An example would be a debit card purchase you make at the grocery store. Types of demand deposit accounts

3. Direct debit - Wikipedia

   en.wikipedia.org/wiki/Direct_debit

   A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the payer and pay those funds into a bank account designated by the ...

4. Direct deposit - Wikipedia

   en.wikipedia.org/wiki/Direct_deposit

   A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.

5. 4 Uncommon Benefits of Setting Up Direct Deposit - AOL

   www.aol.com/4-uncommon-benefits-setting-direct...

   This can include your personal checking, personal savings and joint accounts. “The first benefit that comes to mind around direct deposit is the ability to structure your accounts and automate ...

6. What Time Does Direct Deposit Hit? Direct Deposit Times at ...

   www.aol.com/time-does-direct-deposit-hit...

   To set up direct deposit, you must fill out a form provided by an employer or the government. You’ll need to fill in your name, address, account number, and your bank’s name and routing number.

7. Automated clearing house - Wikipedia

   en.wikipedia.org/wiki/Automated_Clearing_House

   Banking. An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2][3] The ACH system is designed to process batches of payments containing numerous ...