Routing number versus account number: how they differ
Investopedia
Each bank customer has an account number and each bank has a routing number; these two numbers indicate where transactions are coming from and going to.
8 Ways to Sidestep the Chase No Cash Deposit Policy | MyBankTracker
MyBankTracker
Find out how to deposit cash into someone else's Chase account, despite the bank's no-cash-deposit policy.
Set Up Your Company to Pay Employees with Direct Deposit
Central National Bank - Waco
If you’re a business owner or manager looking to pay your employees with direct deposit, figuring out where to start can be a little tricky.
The day I found £250,000 in my bank account
the Guardian
Leo Benedictus woke up rich after an erroneous bank transfer - but could it last?
Joint Ownership of Bank Accounts
Utah Legal Services
Seniors often add relatives to their bank accounts to pay the bills in case they end up in the hospital. Some seniors also do this because they want to avoid probate. Adding another person to your bank account could be risky. When you add someone else’s name to your account, you make them a joint owner of the account. There are risks involved in making someone a joint owner. You should be aware of the risks involved.
Is direct deposit the only way to add funds to my account?
Chime Banking - Support and FAQs
Direct deposit is the easiest and most reliable way to deposit funds to your Spending Account, although it is certainly not the only one. We support ACH transfers, cash deposits and we’re working o...
How to Sidestep 3 Unethical Financial Advisor Tactics
by James Royal, Ph.D. @ NerdWallet
Mon Mar 26 08:00:32 PDT 2018
“There’s plenty of opportunity out there for someone who’s unethical,” warns Harold Evensky, chairman of wealth manager Evensky & Katz. That’s especially true when that someone is a financial advisor,…
Ask Lucas 020: Does the 3-Day Right of Rescission Apply to Rental Contracts?
by @ Ask Lucas : Q&A for Landlords
Wed May 13 13:05:47 PDT 2015
Jill from Key West, Florida was promised an apartment but it was rented to someone else instead. She's wondering if the landlord has the right to cancel the agreement with the other tenant within three days, and then sign a lease with her.
Ask Lucas 025: How Do I Handle a Short-Term Squatter?
by @ Ask Lucas : Q&A for Landlords
Fri Nov 06 08:28:06 PST 2015
Ben from California is asking if he can move back into his condo that has been highjacked by a friend, who is now a short-term squatter.
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Here Are Tips to Transfer Money From One Bank Account to Another
The Balance
If you need to transfer money from bank to bank, there are several ways to do so. See what your options are, including high-tech and old-fashioned.
8 Ways to Sidestep the Chase No-Cash-Deposits Policy
seattlepi.com
Ever since Chase ended its policy of allowing people to make cash deposits into accounts other than their own, angry consumers have expressed frustration and anger over the move. Make people get money orders if they want to deposit $10,000 or more. Or let customers have a list of people on their account that are allowed to deposit money once they show an ID. Since March 3, Chase customers wishing to make a cash deposit into a personal account not only have to provide an ID, but now must also be an authorized signer or owner of the account. Whether you're a parent hoping to deposit money into a child's account, a friend needing to help out a loved one, or a relative looking to send a one-time monetary gift, Chase's no-cash-deposits policy might severely affect the way you send money. Telling your loved one to open a Chase account might work if, say, you want to send money to a child who has no bank account currently or if your loved one is unhappy with his or her current bank. Why should you force a loved one to open a Chase account just to transfer money to that person with your hard-earned cash? Adding an authorized user essentially gives the individual access to your financial account. Sending someone money via a cashier's check might be an option if it's a one-time deposit and you don't mind paying the fee. Money orders are an acceptable form of payment if you can't write a personal check or it's not safe to do so. Checking accounts are more convenient, but you might consider using a money order if you want a more secure form of payment than, say, a personal check. [...] it's a potentially dangerous situation because you should never share your personal information with anyone. [...] you never know what a loved one can do with, essentially, access to your account and money. With Chase QuickPay, you can send money to another person -- virtually anyone with an email address, the bank says -- or request money from someone else without cash or checks using a smartphone, tablet, or computer. There are no fees for users and you don't need a Chase account to use the online service, but the big downside is that at least one person involved in the transfer must have an account at the bank. [...] if the money has been sent via eCheque -- which might happen if you don't have a card and bank linked to your account -- it will take three to five business days for the funds to show up. [...] just like with PayPal, these online payment services have pros and cons including cost and ease of use. The smartest investors know that dividend stocks simply crush their non-dividend paying counterparts over the long term. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor’s portfolio.
How Much Is In Your Checking Account Right Now?
by J. Money @ Budgets Are Sexy
Mon Mar 26 02:02:48 PDT 2018
How Much Is In Your Checking Account Right Now?
Got a quiz in my email this morning and thought we’d have some fun with it :) Hi Jay, We’ve used checking account balance data to develop a quiz that ranks your checking account balance relative to your peers in the US. We also tell you know how much banks are earning from you. Check it out: https://www.hibenjamin.com/blog/quiz-rank-checking-account-balance-vs-peers/ I thought your readers would find this interesting. […]
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[For more $$$ nuggets, head over to Budgets Are Sexy!]
How to Transfer Money From One Bank to Another: Between Bank Accounts | MintLife Blog
MintLife Blog
As a personal finance writer, I’m often answering questions from friends and family about basic financial principles. When someone is setting up a savings account for the first time, they’ll often ask, “How do I actually move the money from my checking to my savings?” It seems like such a simple concept, but transferring substantial capital almost always involves jumping through some hoops. You can’t just call up your bank and ask them to move the funds, and actively withdrawing and then depositing the money is an unnecessary hassle. If you want to transfer money between bank accounts, here’s the best way. How Banks Transfer Money Every bank uses the the Automated Clearing House (ACH) system to transfer money. When your employer sends your paycheck via direct deposit, they’re using the ACH. The ACH was created in the 1970s as a faster alternative to checks and a cheaper solution than wire transfers. It’s an electronic system that transfers money in large batches overnight. In
How to Turn a Tax Refund Into a Fatter Paycheck
by Tina Orem @ NerdWallet
Fri Mar 23 12:34:45 PDT 2018
Getting a tax refund may seem great, but tax pros say it’s also a sign two things could be happening: You may not be doing enough tax planning, and you…
Don’t Give Your Bank Account Number to Your Tenants
Landlordology
Many managers and landlords think that accepting rent through direct deposit at the bank is the easiest way to collect rent. But I think it's foolish.
Direct deposit paycheck into someone else's account?
AnandTech Forums: Technology, Hardware, Software, and Deals
Anyone know if you can direct deposit your paychecks into a checking account that is NOT in your name? I'm going through some things right now and I've...
Can't Deposit Cash Into Someone Else's Account? These Are Your Options | Bankrate.com
Bankrate
Security concerns have prompted some banks to prohibit customers from depositing cash into others’ accounts.
How to Deposit Cash at an Online Bank - NerdWallet
NerdWallet
Got cash? Great. Or not so great if you want to deposit it in an online bank account. Online banks have high savings rates and low fees, which generally make…
How to Transfer Money to a Bank Account
Venmo
If you already have a verified bank account on Venmo, you can jump to step 3 of this article.1. Add a bank accountFor more information on how to link a new bank account, please see our help artic...
Ask Lucas 028: What is a “Holding Deposit” and How does it Work?
by @ Ask Lucas : Q&A for Landlords
Fri Jul 22 12:12:51 PDT 2016
Jenny is wondering what is the best practice for a "holding deposit" or "good faith deposit", and can it be non-refundable? How does it work?
Ask Lucas 031: Should I Charge a Pet Fee or Pet Deposit, and How Much?
by @ Ask Lucas : Q&A for Landlords
Fri Nov 18 16:02:00 PST 2016
Sharon from California wants to allow pets in her rentals. However, she's not sure what kind of pet fees or pet deposits she should ask the tenant to pay. Lucas gives his recommendation, and some additional tips for handling pets.
Pros and Cons of Direct Deposit for Employers
Payroll Tips, Training, and News
There are a few different ways you can pay employees, like direct deposit. Learn about the pros and cons of direct deposit.
Don’t Let Technology Bully You Into Tipping
by Liz Weston @ NerdWallet
Wed Mar 28 09:07:35 PDT 2018
Tipping inflation is real, and it’s coming to a tablet near you. Merchants using Square and other mobile payment services can set “recommended” tip amounts or percentages for any transaction…
PNC
PNC
We can help you gain the confidence you need to make important financial decisions for you, your family or your business.
Can I set up a direct deposit to my account?
Aspiration
Yes, Direct Deposit is our favorite feature, (hello payday!).Our Direct Deposit Form is attached here. To locate your routing and account number, please click: here.Please note: We suggest you wa...
Guess What? If Someone Accidentally Gives You Money in Your Account, It's Still NOT Your Money. | Budgets Are Sexy
Budgets Are Sexy
How many times have you received “free” money in your account, knowing it was someone else’s mistake? Raise your hand. (Higher – I can’t see them! Haha…). Okay, now how many of you went ahead and SPENT this money thinking you were being sneaky and could get away with it? Anybody? Anybody? Would you tell me even if you did? ;) Either way, the only …
Direct Deposit Information and Forms | SunTrust Personal Banking
SunTrust
Set up direct deposit with SunTrust and get faster access to your paychecks, social security benefits, and any other payments.
Ask Lucas 012: Are Online Rental Applications More Secure than Paper Applications?
by @ Ask Lucas : Q&A for Landlords
Wed Sep 17 14:52:54 PDT 2014
Cynthia asks about Cozy and is concerned about online security. She is also wondering if she needs to collect paper versions of the rental applications before sending the applicants to Cozy to setup accounts.
Ask Lucas 014: What Makes a Room a “Bedroom”?
by @ Ask Lucas : Q&A for Landlords
Tue Oct 28 18:12:38 PDT 2014
Larry from Massachusetts asks about the rules and regulations to create a bedroom or sleeping space in a basement or attic. What requirements help make a room into a "bedroom"?