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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...

    Direct deposit is a payment option where your funds are electronically transferred to your checking or savings account, eliminating a need for physical checks.

  3. 5 Ways Direct Deposit Can Help Your Money - AOL

    www.aol.com/5-ways-direct-deposit-help-150018859...

    This is a brief window in which you can deposit money into your overdrawn account and avoid any associated fees. Take Bank of America as an example. As part of the bank’s overdraft policy, you ...

  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/finance/4-uncommon-benefits-setting...

    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. How To Get Paid Early When You Direct Deposit Your Paycheck - AOL

    www.aol.com/finance/paid-early-direct-deposit...

    Direct deposit is a type of electronic funds transfer (EFT). With it, your employer deposits your earned wages for that period directly into your account — usually you checking account. When you ...

  7. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded ...

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