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Direct Deposit |
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Direct Deposit is the electronic transfer of your paycheck, Social Security benefit, pension, annuity check, or other payment into your account.
Your entire paycheck can be automatically credited toward any combination of
your accounts each pay period. Direct Deposit increases the safety and convenience
of processing your check, eliminates waiting in payday lines, and makes your
funds instantly available. With Direct Deposit, your money is protected. Government agnecies have rules in place to protect you in case of error.
Direct Deposit is also more confidential because fewer people are involved in processing your payment. |
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