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Direct deposit to your savings account must be available from both your banking institution AND your employer. Virtually all banking institutions offer this service but smaller employees may not.

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Q: Can you get direct deposit in your savings account?
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Related questions

How do you transfer money into the ing direct account?

You can transfer money into the ing direct account by set up an automatic savings plan, direct deposit, deposit by cash and/or check. With all this being said you also have to include your account number in the process.


What are the different types of banking transactions available?

Each bank will differ in what they have to offer customers but most offer online banking, bill pay, automatic bill pay, account transfers, direct deposit and redirected savings accounts that automatically deposit a percentage of each direct deposit to a savings account.


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ING Direct requires you to set up direct deposit to set up a savings account when affillating with their banking institution. From a financial stand point they feel you can move your money more effiently and allow withdrawls and deposits to be carried out within 3 to 4 days.


What are the different types of deposit account?

The most common and basic types of deposit accounts are checking and savings accounts. These are both used to deposit money into if your place of work has direct deposit.


Is a savings account a time deposit?

no


How much the initial deposit to open a savings account at bpi family savings account?

1000


How long does it take to get into a direct deposit of your savings account once they process the information?

1-5 biussness days for the bank to clear it


Why is investec commercial bank a deposit taking intermediary?

It have a variety of deposit account, such as check account, savings and time deposit


What is the minimum deposit to open a savings account with SunTrust?

The minimum deposit required in order to open a savings account with Sun Trust in one hundred dollars and with this you can start your own savings account with Sun Trust.


Can you put a direct deposit down on a home?

"You will, in fact, need to provide some type of deposit down on a home you intend to purchase and the monies usually need to be in an easily accessible account, such as a checking or savings account, a 401k account or a bond."


What is the purpose of a business deposit account?

Business deposit accounts are also known as business savings account where one can deposit an amount of money as savings for one's business. Most savings accounts will also offer interest rates.


Which of these describes a time deposit?

Money in a savings account is an example of a time deposit.