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

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

    Get a direct deposit form from the payer. For instance, if you want to set up direct deposit for your paycheck, you’ll get the form from your employer. Your bank may also have a form for setting ...

  3. Can You Direct Deposit Into a Savings Account? - AOL

    www.aol.com/direct-deposit-savings-account...

    A direct deposit to checking is best if you use the money for everyday purchases. However, if you want to save the money to work toward a financial goal, consider depositing it into savings instead.

  4. How To Save Money by Splitting Your Direct Deposit ... - AOL

    www.aol.com/finance/save-money-splitting-direct...

    Yes, you can split your tax refund into up to three different accounts, and this option is available to you whether you file electronically or on paper. The IRS will let you divide the refund ...

  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. Deposit slip - Wikipedia

    en.wikipedia.org/wiki/Deposit_slip

    Deposit slip. A deposit slip or a pay-in-slip is a form supplied by a bank for a depositor to fill out, designed to document in categories the items included in the deposit transaction when physically depositing at a bank. The categories include type of item, and if it is a cheque or cash and which bank it is from, such as a local bank or not.

  7. Demand deposit - Wikipedia

    en.wikipedia.org/wiki/Demand_deposit

    Banking. Demand deposits or checkbook money are funds held in demand accounts in commercial banks. These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country. Simply put, these are deposits in the bank that can be withdrawn on demand, without any prior notice.

  8. 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.

  9. 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 ...

  10. Clearing (finance) - Wikipedia

    en.wikipedia.org/wiki/Clearing_(finance)

    In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to facilitate ...

  11. 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 ...