Which direct deposits are considered invalid?

 

Answer

The following causes invalid direct deposits:

  • ATM Transfer (exception: Doordash & Instacart)
  • Xfer
  • Venmo
  • PayPal
  • SSA (if there is a monthly pattern)
  • Mobile Deposit
  • Reversal
  • Return
  • Refund (“Tax Ref” or “Ref”)
  • Check Deposit
  • Deposit w/ ID#
  • SSA TREAS
  • Value Load
  • PAYMENT / PMNT (exemption: Payment PR)
  • Child Support
  • Benefits (Benef)
  • Teller Transaction
  • Branch deposit
  • Navcheck
  • Daily Pay (another daily service)
  • Clearbanc
  • Uber deposits that happen > 1x per week
  • eDeposit
  • Zelle
  • Remote Online Deposit
  • Fastpay
  • Unemployment
  • SSI
  • External Deposit
  • Overpayment
  • Chime
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