DIRECT How Does Direct Deposit Work?
DIRECT
How Does Direct Deposit Work?
Your agency tells the U.S. Treasury how much to pay you.
FEDERAL BENEFIT AGENCY
You can access your money on payment day each month.
EACH MONTH
BANK
TREASURY
Treasury asks your bank or credit union to put that amount in your account. This is done over a secure network. Personal information doesn't go over the Internet.
How will you know your money has been deposited?
With direct deposit, you can count on your money being in your account on payment day each month. To check, you can:
Call your bank or credit union
Check your account online
Ask your bank or credit union if they provide
automatic notices
You are required to switch to electronic payments by March 1, 2013.
Switch today | 1-800-333-1795 |
The Go Direct? campaign is sponsored by the U.S. Department of the Treasury and Federal Reserve Banks. The Go Direct? logo and Go Direct? are registered service marks of the U.S. Department of the Treasury, Financial Management Service (used with permission).
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