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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...

    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 ...

  3. 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

  4. 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 ...

  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. Direct debit - Wikipedia

    en.wikipedia.org/wiki/Direct_debit

    Authorisation. To set up payments by Direct Debit, the payer must complete a Direct Debit Instruction to the merchant. This instruction contains bank-approved wording that makes it clear the payer is setting up an ongoing authority for the merchant to debit their account.

  7. Automated clearing house - Wikipedia

    en.wikipedia.org/wiki/Automated_Clearing_House

    ACH credit transfers are initiated by the payer and include payments such as: direct deposits, payrolls, retail payments and vendor payments. ACH direct debit collections are initiated by the payee with pre-authorization from the payer; ACH direct debits include consumer payments such as utility bills, insurance premiums , mortgage loans , and ...