When you can automate daily activities, it’s almost always a win. Direct deposits are an easy way to send or receive a payment. Sometimes you can opt in for this payment method, and other times there may be no other alternative than to arrange this.

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Setting up direct deposit is typically easy and can save you a lot of time. You won’t have to worry about collecting a paycheck every week and visiting the bank to deposit it; the money will simply arrive in your account. Here’s how to set it up. Elevate your Bankrate experience Get insider access t

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