Direct Deposit

GPTKB entity

Statements (32)
Predicate Object
gptkbp:instanceOf Electronic Funds Transfer
gptkbp:advantage Faster Access to Funds
Increased Security
Reduced Paperwork
gptkbp:alternativeTo Paper Check
gptkbp:canBeSetUpBy gptkb:financial_services_company
gptkb:government_agency
Employer
gptkbp:cancellationDate Account Holder
Employer
gptkbp:commonIn gptkb:Canada
gptkb:United_Kingdom
gptkb:United_States
gptkbp:enables Automatic Deposit
https://www.w3.org/2000/01/rdf-schema#label Direct Deposit
gptkbp:originatedIn 1970s
gptkbp:partOf gptkb:ACH_Network
gptkbp:regulates gptkb:Federal_Reserve
gptkb:NACHA
gptkbp:requires gptkb:bank
Account Number
Routing Number
Authorization Form
gptkbp:type Bank Transfer
Automated Payment
gptkbp:usedFor gptkb:Tax_Refunds
Payroll
Vendor Payments
Government Benefits
gptkbp:bfsParent gptkb:bank
gptkb:ACH
gptkbp:bfsLayer 4