direct deposit
In banking, a direct deposit is a deposit of money by a payer directly into a payee’s bank account. Direct deposits are most commonly made by businesses in the payment of salaries and wages.
« Back to Glossary IndexIn banking, a direct deposit is a deposit of money by a payer directly into a payee’s bank account. Direct deposits are most commonly made by businesses in the payment of salaries and wages.
« Back to Glossary Index