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direct deposit

The electronic transfer of a payment directly from the payer's account to the recipient's bank account. / To transfer funds electronically from one bank account to another without the use of a physical check.
NounTransitive Verb
pl: direct depositspast: direct depositedpp: direct depositeding: direct depositing

This term is primarily used in financial, corporate, and governmental contexts to describe the automation of payments. It carries a connotation of efficiency and modernity, contrasting with the manual process of issuing and cashing physical paper checks.

As a noun, it refers to the system or the specific transaction of electronic transfer. When used as a verb, it describes the action of initiating this transfer. While "direct deposit" is the standard term for payroll and government benefits, "wire transfer" is often used for larger, one-time, or international payments, though the two are technically different banking mechanisms.

Meanings

Transitive Verb
[~ something]

To transfer funds electronically from one bank account to another without the use of a physical check.

Examples

I prefer direct deposit because I do not have to go to the bank to cash a check.

Please fill out this form so we can set up your direct deposit.

Office

The company will direct deposit your salary every other Friday.

Business

I wonder if my direct deposit hit my account yet.

Can I change the bank account used for my direct deposit?

Office

Most employers now direct deposit wages to save on administrative costs.

Most employers now direct deposit wages to save on administrative costs.

Business

The government uses direct deposit to distribute social security benefits.

I need to provide my routing number for the direct deposit to work.

Just direct deposit the funds into my savings account instead of checking.

Related Words

Terakhir Diperbarui: May 2026Laporkan Kesalahan