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.
Cite this definition
Related Terms
online banking
Related Research Articles from the InvestorGuide.com University
Introduction to Banking Learn about the basics of banking, as well as alternatives to banks, such as credit unions, brokerages and mutual funds.

Online Banking How can you find the best online bank for you? Within the last decade, online banking has exploded in popularity, and revolutionized the industry, but some banks offer better services than others. Here we look at some things you should consider when you choose an online bank, including account access, security, online bill paying, account aggregation and fees.

Types of Accounts Find out about the different types of bank accounts that are available, including savings accounts, checking accounts, money market deposit accounts (MMDAs) and certificates of deposit (CDs).

Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|