Direct deposit is convenient for both employers and employees, saving both parties time and potentially money. It can also unlock certain benefits for employees, such as certain checking or savings ...

Opting to use direct deposit instead of requesting a paper check has advantages such as convenience, security and reliability ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Yes, most banks allow you to directly deposit your paycheck into a savings account. In some cases, you may be able to split your earnings into two accounts: checking and savings. If you want to ...