Related. 1  2016 Land Rover Evoque Coming to India Soon. 2  Jaguar Land Rover Unveils Cars From Upcoming Bond Movie Spectre. 3  Launched: Tata Zest Anniversary Edition at Rs. 4  Tata GenX Nano AMT vs Maruti Suzuki Alto K10 AMT: The Affordable AMTs. 5  In Conversation with Mayank Pareek-Tata Motors (Part - 2).
Direct deposit means that your employer is depositing your paycheck into your bank account every payday and the money is ready for use as soon as it arrives. Wire Transfer means that you are sending money from your bank account to somebody else and that money will be deposited directly into the person's bank account.
A bank transfer, also called a wire transfer, is a way to send money from one bank account to another anywhere in the world. The advantages of sending a bank transfer are that you do not need to wait for anything to arrive in the mail, there are no cheques to cash, and the funds are available immediately upon receipt.nsure you have sufficient funds in your account. Before you make a bank transfer you should always double-check that you have the required credit in your account. If you don't have the balance necessary to meet the cost you may go overdrawn and be charged by your bank.