Direct deposit gives you quick, automatic access to funds from a payment, like a paycheck or a Social Security check, that’s transferred electronically from a payer’s account to your bank account. The ...

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 ...

Learn how direct deposit works, how to set it up, its key benefits and drawbacks, compliance requirements and answers to ...