The difference between direct deposit and ACH transfers is that direct deposits are transfers into your checking or savings account in the form of tax payments, government benefits or payroll ...

An ACH transfer is a way to move money between accounts Lorraine Roberte is an insurance writer for Investopedia. As a personal finance writer, her expertise includes money management and ...

Automated Clearing House (ACH): Generally refers to payments made via direct deposit and should be set up in the vendor ... Wire transfers and ACH payments are examples of EFTs. Wire request form: ...