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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 ...

4. Bank of America - Wikipedia

   en.wikipedia.org/wiki/Bank_of_America

   The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...

5. How To Deposit Cash Into Your Bank Account - AOL

   www.aol.com/deposit-cash-bank-account-200002296.html

   Select the account you want to receive the money. Insert your cash into an envelope if one is provided, and write any information indicated on the envelope. Insert the cash and/or checks into the ...

6. Why some US bank deposits are held up days after ... - AOL

   www.aol.com/finance/why-us-bank-deposits-held...

   Bank of America , Wells Fargo , and Citigroup also experienced a surge of customer complaints, according to Downdetector, which monitors reports of problems at financial institutions. LOL!

7. 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. 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 payee.

8. What is a demand deposit account (DDA)? - AOL

   www.aol.com/finance/demand-deposit-account-dda...

   A demand deposit account is another term for a checking, savings or money market account. Money in these accounts is highly liquid, and you’ll be able to withdraw funds at any time without ...

9. 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 ...