Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Oldexpat

If you have direct deposit or automatic payment set up, it can happen to you. Good luck chasing your money down.


8 posted on 03/13/2016 11:37:43 AM PDT by wrench
[ Post Reply | Private Reply | To 3 | View Replies ]


To: wrench

There are reasons I don’t let anyone suck money out of my accounts. While a direct depositor may reverse a transaction, leaving you in a bind, if anyone without authorization sucked money out of my account, I’d look to the bank to make it good, and let them chase whoever they wanted to.

A lot more efficient than having to chase the wrongdoer yourself.


16 posted on 03/13/2016 11:42:52 AM PDT by PAR35
[ Post Reply | Private Reply | To 8 | View Replies ]

To: wrench

This is why you have two accounts. One for DD etc and one you sweep funds into.


39 posted on 03/14/2016 6:47:14 AM PDT by mad_as_he$$ (Cruz=VAT tax= No thanks.)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson