Direct deposit
Direct deposit is the fastest, easiest way to deposit your net paycheck, social security check or retirement income. Your money is deposited automatically on the day your checks are issued and your money is available to you the same day. What's more, you can divide your money and have it deposited into multiple accounts.
Direct deposit is most often used for payroll but can be used for other payments, such as:
- Annuities
- Bonuses and commissions
- Dividend and interest payments
- Pensions
- Travel expense settlements
- Tax refunds
- Social Security or other government payment
