finance
 






 

Question by  mindygdane (75)

What are some direct deposit laws?

What are some rules banks and depositors must follow

 
+6

Answer by  patti (29325)

When you enter into an agreement for direct deposit, the terms are clearly stated in the paperwork. The employer (or source of funds) agrees to those terms. The bank accepts the deposit under the same terms it accepts any other deposit.

 
+5

Answer by  tamarawilhite (17883)

Your direct deposit must be deposited into the account you specify within a business day of receipt, funds available within 1-3 days (over a weekend).

 
+4

Answer by  tamarawilhite (17883)

Employers do not have to offer direct deposit of paychecks. However, Social Security checks and other government payments are increasingly required to be directly deposited.

 
+0

Answer by  sportsman (0)

can you write off the cost of a safe if you use it in your home

 
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