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What is Direct Deposit?

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53 Answers

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• Direct Deposit is a program that allows for the automatic deposit of your net earnings in the financial institution of your choice.

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Direct deposits (also known as ACH credits) are a quick, easy and secure way to have funds, such as your paycheck or any other recurring payments, automatically credited to your PNC Bank checking, savings, or money market account.

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Direct deposit is a safe and confidential way to have your salary payment electronically transferred into an account at the financial institution of your choice in the United States.

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Direct Deposit is an electronic payment deposited directly to your employees’ checking or savings account.

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By signing up for direct deposit you are giving Principal permission to automatically deposit any reimbursements into a checking or savings account of your choice. This may expedite your claims process and save you a trip to the bank!

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