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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.
Relevance. Rating Newest Oldest. Best Answer: Here is the IRS direct deposit schedule, and as you can see, you are suppose to get your refund on March 2nd. http://www.irs.gov/pub/irs-pdf/p2043.pdf They usually update the IRS website on the Wed before you are scheduled to get a direct deposit.So, I would not think your status would change until 2/28 and then it will let you know your direct deposit date of 3/2.ttp://www.irs.gov/pub/irs-pdf/p2043.pdf They usually update the IRS website on the Wed before you are scheduled to get a direct deposit. So, I would not think your status would change until 2/28 and then it will let you know your direct deposit date of 3/2.