Seems like anytime I have my bank, BofA, make a payment lately they send it by mail over four or more days. I used to see them make a electronic xfer in one day. Even changing the address for a insurance payment causes this. Is there some way I am setting up the transaction incorrectly? Quicken 2006 Deluxe running on XP machine Mel
mail over four or more
address for a insurance
So, what does your bank charge you for paying a bill?
"shakey" wrote in news:46de0429$0$14115$ snipped-for-privacy@news.sonic.net:
Contact the bank or the payee to find out whether a change is really necessary. Often the phsical address of the payee is not important for an electronic payment.
Also ask the bank whether they will guarantee payment on time. In the early days, when I was using $ & cents, Citibank would guarantee payment on time if you used their software (Direct Access) to schedule payments, and that worked for me.
Will follow up on your first suggestion but in at least one case the change was necessary as the company was bought out. I schedule payments in plenty of time and do so thru Quicken not at the Banks site. The money is not withdrawn from my account until the scheduled payment date. Methinks I am doing something stupid as I remember seeing a list of companies payable by online transfer but cannot get to that thru quicken now.
Thanks Mel
"shakey" wrote in news:46deda35$0$14117$ snipped-for-privacy@news.sonic.net:
Quicken should tell you the date the payment is supposed to be completed. On the other hand, I have switched to authorize most payees to take the full payment due from my checking account, mostly on the due date, although some (like Discover) do it a week or so early. That way I do not worry about the payment getting there on time.
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