Noun
direct deposit (plural direct deposits)
(finance, banking, business) A deposit of money straight from the source (and initiated by the source) into a bank account, by wire, or other means.
You can pay by direct deposit, check, or cash.
I always encourage people to pay themselves first, so I really advocate setting up direct deposit for your paycheck and establishing an automatic transfer so that part of each paycheck goes straight into your savings account. Alexa Von Tobel
The Direct Deposit and other BEC/BES variations should be forwarded to the Federal Bureau of Investigation Internet Crime Complaint Center (IC3) where a complaint can be filed. Source: Internet