Direct Deposit

Image: Convenient Account Features - Direct Deposit

Simplify your life

All the running around you do can get pretty tiresome. Between your job, family, friends and other obligations, it can seem like there are never enough minutes in a day. Making trips to the bank is just one more task to add to your list – even though it's a very important one. Why not simplify that part of your life with direct deposit?

What is direct deposit?

Direct deposit is a safe and secure way to take control of your money by having it electronically and automatically deposited right into your Edward Jones account. In addition to payroll, direct deposit can be used for tax refunds, Social Security checks and pension payments, just to name a few.

Here are four reasons direct deposit might make sense for you:

1. Security – You’ll never have to worry about lost or misplaced cheques again.

2. Reliability – You’ll never have to wait for your cheque to arrive in the mail because it will be deposited at midnight on an agreed-upon date.

3. Confidentiality - All transactions take place electronically so personal information such as your Social Insurance Number, address or phone number is protected from unwanted third parties.

4. Convenience – Whether you’re home, on vacation or away on business, your money is automatically deposited into your account on time, every time, allowing interest to begin to accrue immediately.

How we can help

Contact your local financial advisor to learn more.

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