Meaning Direct deposit
What does Direct deposit mean? Here you find 42 meanings of the word Direct deposit. You can also add a definition of Direct deposit yourself

1

0 Thumbs up   0 Thumbs down

Direct deposit


A method of payment which electronically credits your checking or savings account.
Source: nasdaq.com

2

0 Thumbs up   0 Thumbs down

Direct deposit


The standard way to receive Social Security benefits and Supplemental Security Income (SSI). Your money is sent electronically to an account in a financial institution (bank, trust company, savings an [..]
Source: ssa.gov

3

0 Thumbs up   0 Thumbs down

Direct deposit


Direct deposit is the electronic transfer of money from a payer, such as your employer or a government agency, directly into a bank account you designate. Direct deposit is faster and cheaper than sending a check and also more secure, which is why both payers and banks prefer this system. In fact, banks often provide free checking or other benefits [..]
Source: finance.yahoo.com (offline)

4

0 Thumbs up   0 Thumbs down

Direct deposit


Definition The deposit of funds directly into a bank account as a form of payment. Common uses for direct deposit include paychecks and tax refunds.
Source: investorwords.com

5

0 Thumbs up   0 Thumbs down

Direct deposit


When a tax refund or other payment is sent electronically to your bank account.
Source: efile.com

6

0 Thumbs up   0 Thumbs down

Direct deposit


some employers electronically deposit paychecks directly into an employee’s bank account. The employee then gets a paper copy of the deposit, called an Earnings Statement as proof of the deposit.
Source: themint.org

7

0 Thumbs up   0 Thumbs down

Direct deposit


Direct Deposit is one method your employer or a government agency might choose to give you your paychecks or benefits checks. With direct deposit, your paychecks or benefits checks are electro [..]
Source: merrickbank.com

8

0 Thumbs up   0 Thumbs down

Direct deposit


A payment that is electronically deposited into an individual's account at a depository institution. See also Direct Deposit
Source: helpwithmybank.gov

9

0 Thumbs up   0 Thumbs down

Direct deposit


An automatic deposit to your account made by your employer or an outside agency (such as a pension or government benefit payment). These are usually recurring, and spare you the hassle of depositing a [..]
Source: nationwide.com

10

0 Thumbs up   0 Thumbs down

Direct deposit


The electronic transfer of a payment (for a month's salary, for example) directly from the payer's account to the recipient's account.
Source: econedlink.org (offline)

11

0 Thumbs up   0 Thumbs down

Direct deposit


An amount deposited directly into a bank account. For example, you can arrange with your employer to have your pay cheques automatically deposited into your President’s Choice Financial no fee bank account as a direct payroll deposit.
Source: banking.pcfinancial.ca (offline)

12

0 Thumbs up   0 Thumbs down

Direct deposit


An electronic transfer of funds into a bank account as opposed to depositing in person at the bank, or by check.
Source: moneymart.com

13

0 Thumbs up   0 Thumbs down

Direct deposit


an electronic transfer of funds into a bank or credit union account
Source: moneymart.ca

14

0 Thumbs up   0 Thumbs down

Direct deposit


An electronic transaction in which money is deposited directly into a payee's bank account from a payer's bank account.
Source: stlouisfed.org

15

0 Thumbs up   0 Thumbs down

Direct deposit


Direct deposit is an electronic transfer of funds into a bank or credit union account. Direct deposit is most commonly associated with wages; in lieu of paper payroll checks, an employer automatically [..]
Source: mortgageloan.com

16

0 Thumbs up   0 Thumbs down

Direct deposit


refers to the electronic transfer of a cash payment into the recipient's bank account.
Source: investinganswers.com

17

0 Thumbs up   0 Thumbs down

Direct deposit


The electronic transfer of an employee's net pay directly into a financial institution account designated by the employee, thus avoiding the need to receive a live paycheck.
Source: finance.princeton.edu (offline)

18

0 Thumbs up   0 Thumbs down

Direct deposit


A secure electronic transfer of payment into a bank account.
Source: sfs.mit.edu

19

0 Thumbs up   0 Thumbs down

Direct deposit


The transfer of funds refund directly to a bank account.
Source: fountaincpa.com

20

0 Thumbs up   0 Thumbs down

Direct deposit


  The depositing of an employee's net pay directly into her or his personal bank account; usually made through electronic funds transfer. direct write-off method
Source: glencoe.com

21

0 Thumbs up   0 Thumbs down

Direct deposit


After you open a US bank account you can set up “Direct Deposit” with NAU so that any money refunded or paid to you by the university is automatically wired to your bank account. 
Source: nau.edu (offline)

22

0 Thumbs up   0 Thumbs down

Direct deposit


A service that can be set up on your bank account that allows money to be electronically deposited to the account. For example, a regular paycheque from your employer can be directly deposited to your bank account.
Source: hsbc.ca (offline)

23

0 Thumbs up   0 Thumbs down

Direct deposit


A method of transferring a payment, such as a salary, electronically from a payer's bank account into the payee's bank account.
Source: 1stmarinerbank.com (offline)

24

0 Thumbs up   0 Thumbs down

Direct deposit


A method of payment which electronically credits your checking or savings account.
Source: frbsf.org

25

0 Thumbs up   0 Thumbs down

Direct deposit


With direct deposit, your recurring deposits are made electronically into your checking, savings or money market account. Deposits can include salary, pension, Social Security and Supplemental Security Income (SSI) benefits, or other regular monthly income.
Source: peoplessouthern.com (offline)

26

0 Thumbs up   0 Thumbs down

Direct deposit


Direct deposit is the electronic payment transfer of paid salaries, hourly wages and other payments from a company's payroll to its employees' online bank accounts. Direct deposit eliminates [..]
Source: techopedia.com

27

0 Thumbs up   0 Thumbs down

Direct deposit


A means of authorizing payment made by governments or companies to be deposited directly into a recipient's account. Used mainly for the deposit of salary, pension and interest checks.
Source: mohlmanassetmanagement.com (offline)

28

0 Thumbs up   0 Thumbs down

Direct deposit


At most companies, employees can have their employer deposit their pay directly into a financial institution checking account or savings account instead of giving them a paycheck to deposit themselves. This is done by ACH (Automated Clearing House) where the funds are wired instantaneously from the employer's financial institution to the emplo [..]
Source: dcu.org (offline)

29

0 Thumbs up   0 Thumbs down

Direct deposit


A means of payment which electronically credits a customer's checking or savings account.
Source: i-bankonline.com

30

0 Thumbs up   0 Thumbs down

Direct deposit


If you receive money on a regular basis (i.e. from a job, pen sion, allowance), your employer, the government or person paying the allowance can deposit the money directly into your account.
Source: bankingglossary.bankingonly.com (offline)

31

0 Thumbs up   0 Thumbs down

Direct deposit


A service provided by banks in which recurring deposits such as salary, Social Security benefits or other forms of income are automatically credited to checking or deposit accounts.
Source: citizensbank.com

32

0 Thumbs up   0 Thumbs down

Direct deposit


Electronic deposit of wages or benefits, such as pension or social security, into a personal bank account or credit union account; deposits are handled through ACH system of the Federal Reserve Bank.
Source: ourgrovecu.com (offline)

33

0 Thumbs up   0 Thumbs down

Direct deposit


Payroll, government or other regularly scheduled deposits made electronically to your account.
Source: financialgenius.usbank.com (offline)

34

0 Thumbs up   0 Thumbs down

Direct deposit


A method of payment which electronically credits your checking or savings account.
Source: mpls.frb.org (offline)

35

0 Thumbs up   0 Thumbs down

Direct deposit


A payment that is electronically deposited into an individual's account at a depository institution.
Source: uhcu.org (offline)

36

0 Thumbs up   0 Thumbs down

Direct deposit


An electronic transfer of a refund into a taxpayer's financial institution account.
Source: irs.gov (offline)

37

0 Thumbs up   0 Thumbs down

Direct deposit


An automatic deposit of wages or benefits (such as payroll payments) into a consumer’s bank account. Direct deposit payments are processed through the Federal Reserve’s Automated Clearing House.
Source: learnmoney.org (offline)

38

0 Thumbs up   0 Thumbs down

Direct deposit


The means by which the University will refund the excess financial aid funds to the student. Students must sign up for this. If not signed up and the student is issued a refund, then a check is mailed out to the address listed on their myWSU account.
Source: finaid.wsu.edu (offline)

39

0 Thumbs up   0 Thumbs down

Direct deposit


the electronic transfer of a payment directly from the account of the payer to the recipient's account.
Source: sfs.upenn.edu

40

0 Thumbs up   0 Thumbs down

Direct deposit


Instead of producing a paper check, a credit balance is returned to you by electronically transmitting to a bank account of your designation. You must request this service online using myZou under the Finances section.
Source: cashiers.missouri.edu (offline)

41

0 Thumbs up   0 Thumbs down

Direct deposit


Funds transferred electronically to your personal banking account.
Source: spu.edu

42

0 Thumbs up   0 Thumbs down

Direct deposit


A method of payment which electronically credits your checking or savings account.
Source: people.duke.edu





<< Direct costs of financial distress Direct deposit service >>

Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!

Add meaning