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 ...

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, ...

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, ...

Students — don't forget that you are able to have any eligible refunds sent directly to a bank account of your choosing! Direct deposit is the preferred method for receiving your student refund. When ...