Direct deposit is an electronic payment to a bank account that is typically sent by an employer or the government. Many, or all, of the products featured on this page are from our advertising partners ...

Setting up direct deposit isn't just a safer way to ensure you get your tax refund — it's faster, too. According to the IRS, electronic refunds are typically deposited within 21 days of filing an ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Direct deposit is convenient for both employers and employees, saving both parties time and potentially money. It can also unlock certain benefits for employees, such as certain checking or savings ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Brooke Enloe is a former banking editor at Forbes Advisor. She is an editor and writer, passionate about producing enlightening content for readers. Her articles are about recent banking news, ...

Direct deposit is an electronic payment method banks use to transfer money directly into your account. Most employers use direct deposit for payroll, which helps ensure timely and secure payments.