Direct deposit

Direct deposit also known as Direct credit is a banking term used to refer to certain payment systems used to transfer money where a payment is initiated by the payer not the payee, namely:

In Europe, the giro system
In the United States, the Automated Clearing House
In Australia, Direct Debit and Direct Deposit are performed through the Direct Entry network.

This disambiguation page lists articles associated with the same title.
If an internal link led you here, you may wish to change the link to point directly to the intended article.