Under a direct depositsystem the bank will make an automatic debit from your bank account and have the funds transferred periodically to an investment account.

Question

Quizplus · Accepted Answer

Under a direct deposit system, your employer or another payer deposits your funds directly into your bank account, rather than issuing a check or cash. It does not involve automatic debits for transferring funds to an investment account.

Under a Direct Depositsystem the Bank Will Make an Automatic