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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...

    Enter the deposit amount. You may have your entire check direct deposited into one account or split between accounts, such as checking and savings. Provide a voided check or deposit slip if ...

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

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

    A direct debit authorization refers to transactions you make using your debit card. An example would be a debit card purchase you make at the grocery store. Types of demand deposit accounts

  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. 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 ...

  7. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit ( CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity ...

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