You are being watched

[Saintaw]

I saw the link to this on another forum. Warning! Financial responsibility can lead to terrorism

I recommend you stop paying your bills.

[MrRiplEy[H]]

Yeah I also got interrogated when I paid off a $25k debt in one payment.

No wait, that never happened!

Somehow I could transfer money with online banking just fine. And to think there have been people defending the PA even on this bulletin board. Same people who tout about their constitutional rights.

With PA you have no rights. You're objects.

[Saintaw]

Some would say... subject

[DREDIOCK]

Originally posted by MrRiplEy[H]


Somehow I could transfer money with online banking just fine. And to think there have been people defending the PA even on this bulletin board. Same people who tout about their constitutional rights.

With PA you have no rights. You're objects.

Actually your not really transferring money with online banking. At least not in the way people assume.

I found this out recently when I had forgotten to mail out a bill untill two days before  when it was due. So I figured I'd just add it to my Automatic Billpay on my Buisness account and be done with it.

Or so I thought.

Next bill came I see a late charge. So I called up the Bank to see WTF was up.
Seems they dont just transfer the money electronically like many, including myself just assumed. They actually mail out a check by snailmail same as you would if you did it yourself.

All it does is save you postage.

So when you set this type of thing up. Make sure you set it up so that it pays that bill well in advance. Cause the payment isnt getting there any sooner then if you slapped a stamp on an envelope and dropped it in a mailbox

[Stringer]

Not exactly true Dred.

It all depends if the biller is set up to handle electronic transfers or not.

If they are, your bills are paid electronically with no physical check being mailed.

If they are not, then the process that you described above happens.

You can tell which companies are set up electronically and which ones are not in your merchant list.  It will state which method will be used to pay their bills.

At least that is how any bank I've banked online with has done it.

[DREDIOCK]

Originally posted by Stringer
Not exactly true Dred.

It all depends if the biller is set up to handle electronic transfers or not.

If they are, your bills are paid electronically with no physical check being mailed.

If they are not, then the process that you described above happens.

You can tell which companies are set up electronically and which ones are not in your merchant list.  It will state how which method will be used to pay their bills.

I asked "Wachovia" which has my Buisness account and "Bank of America" Which has our personal account and both said they only do it by mail.

I asked BOA cause I thought it sounded odd that that with todays technology that they would do it that way. BOA said the same thing Wachovia did. So I thought all were like that.

What REALLY pissesd me off about Banks now is. If I write you a check and you deposit it today. The money will be take out of my account TODAY. (even though it wont be deposited in your account for two days)

If I deposit a Check, I still have to wait two days before it gets put into my account.

Far as Im concerned. If they can take money out of my account today. They can put the money IN my account today.

Used to be you had that two day grace period. I could deposit a check today, and write you a check against that check tomorrow and by the time the check I wrote to you cleared. The one I deposited would have cleared.
If I do that now, and I dont have enough funds already in my account to cover prior to that deposit my overdraft will kick in even though the check is deposited.

Irritates me because if the money was take out of that persons account already then they already KNOW if its going to clear or not in two days.

What I do now is any time a check is made out to me. instead of the buisness, I go through the extra trouble of going to that persons bank, Cashing it. then going to my bank and depositing it.

Matter of principle

[MrRiplEy[H]]

Drediock nobody uses cheques here anymore. Everything is pure data. I've never held a single cheque in my hand.

[MrRiplEy[H]]

Originally posted by Saintaw
Some would say... subject

That's where they're wrong. A subject is a controlling party, an object is well, an object.

The government uses subjective power and its objects are the people.

[Maverick]

Dred,

I do almost all of my banking and bill paying electronically through Chase. The bills are paid through an electronic funds transfer as long as the payee is in the same kind of data transfer operation as the bank. For those who do not accept a digital bill payment the bank cuts a check and mails it. Both options are listed when I pay the bill and I see which option is available at that time. Only one of the recurring bills I pay is done with a paper transfer at the bank. All the others are purely electronic. I have finally used the last check in the book of checks I had when we started out in June of 04. I only had 15 in there when we left.

Since we left the old homestead we have paid off several debts. Not once has the payment been held up as alleged in that "article" linked above.