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2. 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 ...

3. 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 ...

4. 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 ...

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. What Are the Benefits of Direct Deposit and Automatic ... - AOL

   www.aol.com/benefits-direct-deposit-automatic...

   The IRS also uses any direct deposit information from your last tax return on file when making stimulus payments. Find: The 6 Most Important Tax Deductions You Need To Claim.

7. What Time Does Direct Deposit Hit? Direct Deposit Times at ...

   www.aol.com/time-does-direct-deposit-hit...

   Bank. Direct Deposit Time. Axos Bank. Up to two days before scheduled payment. Bank of America, Member FDIC. Same day. BECU. Immediately when the deposit is received

8. Authorization hold - Wikipedia

   en.wikipedia.org/wiki/Authorization_hold

   Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after the transaction is completed or aborted, or because the hold expires.

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

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

   A split direct deposit helps automate the savings process, creating a way for you to effortlessly save money. Since the money goes into a separate account — ideally one that you don’t access ...