Direct deposit

Direct deposit,

Definition of Direct deposit:

  1. The term direct deposit refers to the deposit of funds electronically into a bank account rather than through a physical, paper check. Direct deposit requires the use of an electronic network that allows deposits to take place between banks. This network is called the automated clearing house (ACH). Because the funds are transferred electronically, recipients' accounts are credited automatically, so there is no need to wait for the money to clear. Common uses for direct deposit include paychecks, tax refunds, and other benefits.

  2. Automatic transfer of salaries, wages, rents, benefits, or other such sums, directly to the account of an employee or beneficiary.

  3. Direct deposit is a safe and convenient way to receive payment. Funds are deposited into a recipient's account directly through an electronic network. In order for the funds to be transferred from the payer, the recipient must provide the name of their bank, their account number, and the bank's routing number to the person or business making the deposit. Alternatively, they may provide a void check which has the same information printed on it.

How to use Direct deposit in a sentence?

  1. It requires the use of an electronic network that allows deposits to take place between banks called the automated clearing house.
  2. Payees must provide the payer with their banking information or a void check in order to receive direct deposit payments.
  3. Direct deposit is the deposit of funds electronically into a bank account rather than through a physical, paper check.
  4. Salaries, tax refunds, investment redemptions, and government benefits are commonly paid through direct deposit.

Meaning of Direct deposit & Direct deposit Definition

Direct Deposit,

Direct Deposit Definition:

The term direct deposit refers to the electronic deposit of funds into a bank account rather than a physical examination. For direct deposits, one should use an electronic network that allows interbank deposits. This network is known as Automatic Clearing House (ACH). Because funds are transferred electronically, the beneficiary's account is automatically credited so you don't have to wait for the funds to clear. Common uses of direct deposits include pay checks, tax returns and other benefits.

  • Direct deposit is an electronic deposit of funds in a bank account, not a check.
  • This requires the use of an electronic network for deposits between banks, called automated clearing houses.
  • In order for a recipient to receive a direct deposit, the payer must provide his bank details or an invalid check.
  • Salaries, tax returns, investment repurchases and government benefits are usually paid in a direct deposit.

Direct Deposit means: A service that automatically transfers recurring deposits to your checks, savings or money market accounts. Savings can include salary, pension, social security and additional insurance (SSI) benefits or other regular monthly income.

When tax refunds or other payments are sent electronically to your bank account.

Direct Deposit can be defined as, Payments that are electronically deposited in individual storage accounts.

Literal Meanings of Direct Deposit

Direct:

Meanings of Direct:
  1. With or without someone in between.

  2. Management control or governance functions.

  3. Point (something) towards a particular direction or a particular person.

  4. Give (someone) formal orders or government instructions.

  5. Move or relocate from one place to another without changing direction and without stopping.

  6. No arbitration or mediation factors.

  7. (A person or behavior) to the right of the point

  8. Stand on non-sloping surface

Sentences of Direct
  1. Buy and save directly

  2. The economic elite controls the affairs of the state

  3. Directing hot air from the hot air ducts to the passengers

  4. The judge ordered him to serve the community

  5. There are no direct flights on this day

  6. Complications are a direct result of the spread of bacteria.

  7. He is very straightforward and honest

Synonyms of Direct

uninhibited, straight, candid, undiplomatic, honest, instruct, dictate, personal, frank, conduct, blunt, give orders to, order, head-on, outspoken, unmediated, unreserved, require, plain-spoken, charge, downright

Deposit:

Meanings of Deposit:
  1. Usually informally putting (something or someone) in a special place or leaving it.

  2. Save someone else or let them do it for you.

  3. Usually an interest-bearing amount, which is deposited or deposited in a bank account.

  4. The amount that must be paid as the first installment of something or later as a guarantee of a contract with compensation.

  5. Body of deposited layer or substance.

  6. The process of putting something in a special place.

Sentences of Deposit
  1. Place a stack of books on the kitchen table

  2. Safe where customers can keep valuables

  3. An alternative to depositing money from banks or mortgage lenders.

  4. We've saved a lot for home savings

  5. Chrome salt deposits

  6. The work of archiving in the library does not guarantee the protection of copyright.

Synonyms of Deposit

accumulation, prepayment, retainer, instalment, lay, set, place, settle, lay down, sediment, unload, part payment, sublimate, pledge, security, put down, sit, stake, advance payment, put, down payment, set down, rest

Direct Deposit,

Direct Deposit means,

Direct Deposit definition is: The term direct deposit refers to depositing NDS in a bank account instead of a physical paper check. Direct deposits require the use of an electronic network that allows interbank deposits. This network is called Automatic Charging (ACH). Because the DNA is transmitted electronically, it is automatically credited to the beneficiary's account, so you do not have to wait for funding. The general use of direct deposit has payroll, tax and other benefits.

  • Direct deposit from NDS to bank account is electronic deposit instead of physical paper check.
  • This requires the use of an electronic network that allows deposits between banks, called automatic clearing.
  • In order to receive a direct deposit payment, the payer must provide his bank details or a canceled check.
  • Salary, tax returns, investment buybacks and government benefits are usually paid by direct deposit.

A service that automatically transfers recurring deposits to your checking, savings or money market account. Deposits can include salary, pension, social security, additional insurance benefits (SSI) or other regular monthly income.

When taxes or other payments are sent electronically to your bank account.

Direct Deposit definition is: Payments are deposited electronically in individual detention bank accounts.

Literal Meanings of Direct Deposit

Direct:

Meanings of Direct:
  1. Spread or move from one place to another without changing direction or stopping.

  2. Without factors or intermediaries

  3. Straight to the point (a person or their behavior).

  4. Standing on a neutral plane

  5. Manage or control the control process.

  6. Point to a particular direction or a particular person (something).

Sentences of Direct
  1. Direct bit ■■■■■ between steel surfaces.

  2. They seem reluctant to deal with me directly.

  3. Sending heat ducts to the rear passengers to the hot air.

  4. The judge ordered him to do community service.

Synonyms of Direct

tête-à-tête, explicit, handle, unequivocal, be at the helm of, be in the saddle, categorical, manage, run the show, orchestrate, unbroken, lead, non-stop, in person, clear, supervise, aim, adjure, directly, focus on, face to face, rule, call the tune

Deposit:

Meanings of Deposit:
  1. Deposits in a bank account or mortgage company.

  2. The amount paid as the first installment in the purchase of goods or as a guarantee of the contract, the remaining amount is due later.

  3. Layers or masses of collected material.

  4. (Something or someone) falling or falling in a certain place.

  5. Keep (some) in a safe place.

Sentences of Deposit
  1. Money as a bank deposit or mortgage alternative.

  2. We save a lot to pay for the house.

  3. Adding salt to the ink.

  4. Submitting an article to a library does not guarantee copyright protection.

  5. Put a pile of school books on the kitchen table.

  6. A safe where guests can store valuables.

Synonyms of Deposit

coating, lay (down), unlade, covering, fling down, ■■■■, put (down), dusting, blanket, posit, plonk, layer, set (down), stick, pop, dump, front money, let fall, money up front, plunk, park, throw down, drop, shove

Direct Deposit,

Direct Deposit:

  1. Direct Deposit means: The term direct deposit refers to the electronic deposit of nds in a bank account instead of a paper check. Direct deposits require the use of an electronic network that allows interbank deposits. This network is called Automated Charging (ACH). As NDS is sent electronically, the beneficiary's account is automatically credited so that you do not have to wait for the funds to be disbursed. Common use for direct deposit is payroll, tax and other benefits.

    • Direct deposit is an electronic deposit in a bank account by NDS instead of a physical paper check.
    • This requires the use of an electronic network that allows deposits between banks, called automatic clearing.
    • In order to receive payments by direct deposit, the recipient must provide bank details or a canceled check.
    • Salaries, tax returns, return on investment and government benefits are usually paid by direct deposit.

Literal Meanings of Direct Deposit

Direct:

Meanings of Direct:
  1. Without factors or mediators.

  2. (A person or their behavior) in the right place.

  3. Standing on an inclined plane.

  4. With no or nothing in between.

  5. Point (to something) in a particular direction or to a particular person.

Sentences of Direct
  1. There were no direct flights that day.

  2. The economic elite runs the affairs of the state.

  3. Heating ducts to carry hot air to the passengers behind

Synonyms of Direct

coordinate, forthright, unswerving, pull the strings, from the horse's mouth, mean for, control, point, intend for, without an intermediary, undeviating, call on, fix on, speaking as one finds, turn on, be in command of, straightforward, not beating around the bush, matter-of-fact, uninterrupted, be in the driving seat, unambiguous, destine for, sincere, call the shots, exercise control over, bid

Deposit:

Meanings of Deposit:
  1. Deposit in a bank account or mortgage company.

  2. The amount that will be paid as the first installment in the purchase of goods or as a guarantee of the contract, the remaining amount will be paid later.

  3. Layers of accumulated material or mass.

Sentences of Deposit
  1. Money as an alternative to bank deposits or mortgages.

  2. Salt storage on ink

  3. He placed a pile of school books on the kitchen table.

Synonyms of Deposit

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Direct Deposit

A payment that is electronically deposited into an individual account with a custodian.