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Why do I have to enter a bank or credit union account when I open my TreasuryDirect account?

April 26, 2017account Bank Credit Union enter TreasuryDirect

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Why do I have to enter a bank or credit union account when I open my TreasuryDirect account?

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In TreasuryDirect, transactions occur electronically. When you redeem a security, TreasuryDirect will deposit the payment to the bank or credit union account you select. You can also request that your bank account be used as a source of funds to pay for securities purchases.