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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. 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.

  4. 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 ...

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

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

    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 ...

  6. 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. [1] 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 ...

  7. 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.

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