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FDIC (Federal Deposit Insurance Corporation)
The Federal Deposit Insurance Corporation provides deposit insurance to depositors within U.S. banks. Its primary source of funding is through member dues from included banks.
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Convenience Fees
These fees allow for the quick offset of transaction processing costs for methods of payment that are outside of a business’s traditional methods. Learn More
Related Terms
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Remote Deposit
Remote deposit (or remote deposit capture) is the process of converting paper or mailed-in checks to an electronic file for processing.
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