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Direct deposit

nounverified·updated May 9, 2026

Electronic deposits or credit, usually through ACH, to an individual's deposit account. Common uses of direct deposit include payroll payments, Social Security benefits, and income from investments such as CDs, annuities, and mutual funds.

MWEFederal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary

Classifications

Entity Type

Data80%llm-generatedllm:claude-haiku-4-5
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Sensitivity

Regulated85%llm-generatedllm:claude-haiku-4-5
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Information Class

Pii80%llm-generatedllm:claude-haiku-4-5
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Variants

plural
Direct deposits
possessive
Direct deposit's
pluralpossessive
Direct deposits'