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2. 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 ...

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. 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 payee.

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

   www.aol.com/finance/direct-deposit-works-set...

   Enter the deposit amount. You may have your entire check direct deposited into one account or split between accounts, such as checking and savings. Provide a voided check or deposit slip if ...

5. 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

6. 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 ...

7. Social Security: How Do I Sign Up for Direct Deposit? - AOL

   www.aol.com/finance/social-security-sign-direct...

   Simply log into your my Social Security account and start or change direct deposit. You can also call the U.S. Treasury Electronic Payment Solution Center at 1-877-874-6347 or enroll online at ...