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Direct deposit is the deposit of funds electronically into a bank account rather than through a physical, paper check.
Direct deposit is a fully automated method of handling transactions. When receiving a direct deposit, the payer issues an electronic payment that is automatically transferred into the payee’s...
Direct deposit is an automatic electronic transfer that allows regularly scheduled payments, such as salary, pension, government benefit, tax refund and investment payments, to be made straight to your bank account.
What Is Direct Deposit? Through direct deposit, an entity electronically sends a payment – like an employer issuing a paycheck – to your bank or credit union account. No paper checks are involved.
What is direct deposit? Direct deposit allows your employer to make deposits straight into your bank account instead of giving you a paper check to deposit yourself.
This option lets you deposit recurring income (like paychecks) directly into your account. How to set up direct deposit. Setting up direct deposit can be a convenient way to transfer funds. You can even split the funds between different accounts.
Direct deposit is a service you can use to send money you receive, such as your paycheck from your employer or tax refunds from the government, directly into your bank account.
With a direct deposit, funds are transferred electronically into a bank account — eliminating the need for physical checks or cash transfers. Common examples of direct deposits are having your paycheck or pension deposited into your bank account automatically.
Direct deposit is a free electronic transfer service that sends your paychecks or benefit checks to a bank account or prepaid debit card of your choosing.
Set up direct deposit and have your paycheck or other recurring deposits sent right to your checking or savings account — automatically. Looking to set up direct deposit? Log in to Online Banking to download a prefilled form. How do I set up direct deposit? How do I access my prefilled direct deposit form?