Woman Handing a Check

Is Direct Deposit Safe? How Fast Is It?

Whether you’ve been an employee of a company that offers direct deposit or an organization considering direct deposit as a payment option, the handling and transferring of sensitive personal and banking information can cause concern. One of the most common questions employers ask when considering financing and payment methods revolve around a simple concept – […]

Tax refund

How Does Direct Deposit Work for Tax Refund?

When you file your taxes, you may notice that you have a few different options for collecting your refund. For most taxpayers, direct deposit is the quickest and easiest way of getting a tax return. If you are thinking of using this method, it can be helpful to know how does direct deposit work for […]

How to Set up Direct Deposit? Can You Direct Deposit Yourself?

How to Set up Direct Deposit? Can You Direct Deposit Yourself?

What is direct deposit? In a nutshell, direct deposit is an effective way of transferring money electronically. With this option, you won’t have to worry about going to the bank every month to cash your checks. Direct deposits enable you to automatically process your paychecks and Social Security payments. Since it’s an electronic process, it […]