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  2. What Is Direct Deposit? How It Works and How You Can ... - AOL

    www.aol.com/direct-deposit-works-set-181952941.html

    Direct deposit is an electronic transfer of funds from a payer to a payee’s account. You can set up direct deposits with the following types of accounts:

  3. What Are the Benefits of Direct Deposit and Automatic ... - AOL

    www.aol.com/benefits-direct-deposit-automatic...

    With direct deposit of your paychecks and automatic payment of your bills, you don’t need to worry about mail delays and shuttered bank branches. You can access the money faster, avoid missing ...

  4. 5 Benefits of Direct Deposit - AOL

    www.aol.com/finance/5-benefits-direct-deposit...

    With electronic statements, online banking and mobile apps, paper paychecks can seem oddly out of place. Among American workers, about 93% choose to receive paychecks by direct deposit, according ...

  5. 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 ...

  6. Remote deposit - Wikipedia

    en.wikipedia.org/wiki/Remote_deposit

    Remote deposit or mobile deposit is the ability of a bank customer to deposit a cheque into a bank account from a remote location, without having to physically deliver the cheque to the bank. This was originally accomplished by scanning a digital image of a cheque into a computer then transmitting that image to the bank, but is now accomplished ...

    • Tax refund calendar: Here’s when you’ll get your refund
      Tax refund calendar: Here’s when you’ll get your refund
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    • Banks are fighting to keep deposits. At what cost?
      Banks are fighting to keep deposits. At what cost?
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    • Why some US bank deposits are held up days after 'processing error' delayed 850,000 payments
      Why some US bank deposits are held up days after 'processing error' delayed 850,000 payments
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    • Student loan forgiveness: Who is eligible and how to apply under Biden’s overhauled relief program
      Student loan forgiveness: Who is eligible and how to apply under Biden’s overhauled relief program
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  7. Depository institution - Wikipedia

    en.wikipedia.org/wiki/Depository_institution

    Depository institution. Colloquially, a depository institution is a financial institution in the United States (such as a savings bank, commercial bank, savings and loan associations, or credit unions) that is legally allowed to accept monetary deposits from consumers. Under federal law, however, a "depository institution" is limited to banks ...

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