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Direct Deposit: What It Is, How It Works, Benefits & Risks

Published on: Thursday 13 August 2020

Direct Deposit: What It Is, How It Works, Benefits & Risks 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 ...


News source: https://www.investopedia.com/terms/d/directdeposit.asp

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