Direct deposit service


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Direct deposit service

A service that electronically transfers all or part of any recurring payment—including dividends, paychecks, pensions, and Social Security payments—directly to a shareholder's account.

Direct Deposit

An electronic service in which a payment, especially but not limited to a paycheck, pension, or tax refund, is transferred immediately into the recipient's bank account. The direct deposit replaces a check for which the recipient would otherwise have to wait to arrive in the mail. A direct deposit service also allows the recipient to have access to his/her funds immediately without waiting on the holding period, which is required for many check deposits.
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EZStub is a natural extension of our Web Direct Deposit service for clients who upload payroll information to our processing center via the Internet.
An increasing number of Alaska businesses are taking advantage of ACH and direct deposit services, according to Business Financial Services Manager Stephanie Haydn.
As Federal Reserve Chairman (formerly Fed Governor) Ben Bernanke said in 2004, mainstream financial institutions that provide remittance services have a potentially effective method of attracting unbanked immigrants to other services, such as direct deposit services, savings accounts and consumer loans.
Without access to direct deposit services, a huge percentage of the population has been forced to endure long wait times and exorbitant check-cashing fees just to receive their tax refunds," said Rob Rosenblatt, RushCard CEO.
s Incent and Analytics[TM] software, and Intuit's Online Payroll, E-File and Direct Deposit services as well as TurboTax Online.
They are helping consumers to manage their finances, pay bills and take advantage of direct deposit services -- all without a bank account.
Today, PayToo has extended its offering and has revolutionized the way we offer direct deposit services through its Mobile Wallet.
We want to remind our customers that in addition to our strong network of 219 remaining branches, they can continue to access their accounts through IBC debit cards, IBC Voice, IBC Bank Online, IBC Bill Pay, IBC Mobile Banking, direct deposit services, and our network of over 375 IBC ATMs.
Chase, for example, was promoting their free checking and direct deposit services.
Unemployment Compensation customers can use the Department of Labor & Industry's secure web site to file for initial benefits, biweekly claims for benefits, perform a change of address, determine the status of a benefit payment or sign up for direct deposit services.
401k, retirement plans, and Section 125 Cafeteria Plans), human resources issues, employee handbooks, immigration I-9 requirements, W-4 forms maintenance, direct deposit services, W-2 preparation and reporting, unemployment claims and hearings, worker compensation claims, wage garnishments, compliance with government reporting and other specialized functions of the human resources department.