A lot of big name-banks charge a monthly fee for your checking account if you don’t maintain a minimum balance.
When you receive money via direct deposit from a company or the government, it is sent through an electronic network, or Automated Clearing House (ACH).
Some banks however, categorize those payments and all other bank transfers as “PPD” (prearranged payment and deposits). If this is the case with your bank then you can deposit money from PayPal, online savings, or another accounts.
When you check your bank statements and it says "PPD," next to your deposit. If so, this will fulfill the requirement for direct deposit, waiving your monthly fee.
Chase is one banks where you can do this.
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