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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 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: Traditional deposit bank accounts, such ...

  3. 4 Ways Direct Deposit Can Help You Build Better ... - AOL

    www.aol.com/finance/4-ways-direct-deposit-help...

    Through a combination of building better money habits, giving you greater clarity over your finances and automation, direct deposit can even help you build credit. There are two main ways this can ...

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

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

    Once the form’s filled out, submit it to your bank. You may also need to include a deposit slip or voided check. Your bank will then process it and you’ll be good to go. As for early direct ...

  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, and other government charges.

  6. 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 ...

  7. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity, at ...

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