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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. Social Security: How Do I Sign Up for Direct Deposit? - AOL

    www.aol.com/finance/social-security-sign-direct...

    Simply log into your my Social Security account and start or change direct deposit. You can also call the U.S. Treasury Electronic Payment Solution Center at 1-877-874-6347 or enroll online at ...

  4. How to switch to a new bank or credit union - AOL

    www.aol.com/finance/switch-bank-credit-union...

    Here’s a guide on how to switch banks, broken down into six steps, for a smooth transition. 1. Find a new bank or credit union. Starting your journey to switch banks begins with finding a new ...

  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 ...

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

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

    Yes, you can split your tax refund into up to three different accounts, and this option is available to you whether you file electronically or on paper. The IRS will let you divide the refund ...

  7. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    t. e. Electronic funds transfer ( EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer -based systems, without the direct intervention of bank staff. According to the United States Electronic Fund Transfer Act of 1978 it is "a funds ...

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