I have two checking accounts with different banks. I understand that I can transfer money from Bank A to Bank B by writing a check to myself from Bank A and depositing it into Bank B.
The question I have is, can I have that check from Bank A sent to Bank B via "Bill Pay" and expect Bank B to deposit it for me? I would address the check to myself yet have it sent to the Bank B address.
This would be nice if it worked (yeah, I know I'm lazy); however, I can think of a few reasons why Bank B wouldn't be willing or able to deposit the check for me.
Anyone know for certain whether this is possible?
2007-11-07 03:54:22 · 3 answers · asked by Johnny K 2 in Business & Finance ➔ Personal Finance
Just send a check from your bill pay.
2007-11-07 04:50:35 · answer #1 · answered by sm4125 3 · 0⤊ 0⤋
It should work fine. Just be sure that the account number to be credited is on the payment order.
2007-11-07 11:58:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I do it. You just have to enter the other checking account as one of the "creditors" you want to pay.
2007-11-07 12:08:10 · answer #3 · answered by Debdeb 7 · 0⤊ 0⤋