Cash App Direct Deposit Bank Name
Several users on Cash App are sending money, receiving payments and withdrawing cash. But, people are unaware whether Cash App is a bank or managed by any bank. It is to clarify here that the Cash App is not a bank. It is a financial service provider company, which enable users to transfer payments, receive funds and accept salary checks through direct deposit on Cash App.
The users need to share their routing number and account number with the employer to receive salary checks via direct deposits. The Lincoln Saving Bank is the concerned bank that allows the routing and account number on Cash App. However, the job of Lincoln Saving Bank is restricted to assigning the routing number and account number only. The bank has no control over the funds of the users. Therefore, Cash App direct deposit bank name is Lincoln Saving Bank but, Cash App is not a bank.
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