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Registered
Join Date: Sep 2001
Location: Dismal Nitch, AZ
Posts: 9,042
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Having a Bank Autopay a Person...?
Can a person have their bank autopay another person?
Specifically, a no interest loan to my g/f whose name is on one of my bank checking accounts...can her bank make monthly auto payments to that account given that her name is on it? Thanks for any info, gents.
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Don . "Fully integrated people, in their transparency, tend to not be subject to mechanisms of defense, disguise, deceit, and fraudulence." - - Don R. 1994, an excerpt from My Ass From a Hole in the Ground - A Comparative View |
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11-23-2016, 04:02 PM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 55,747
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I don't know about your bank, but I have almost the exact situation that you describe setup through my credit union except that I am paying them, and their name isn't on my account.
I am able to set up account transfers on a one-time or recurring basis, and those transfers can be between accounts with my name, accounts to other named individuals at the same credit union or accounts for other people at other banks.
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa  SOLD 2004 - gone but not forgotten
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11-23-2016, 04:50 PM
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The Unsettler
Join Date: Dec 2002
Location: Lantanna TX
Posts: 23,885
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Sure.
Just set up an autopay through her online account. Should take less than 5 minutes.
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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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11-23-2016, 07:33 PM
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Zink Racer
Join Date: Aug 2005
Location: Spokane WA
Posts: 3,977
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Not sure about your specific situation but one of my tenants does that for rent each month. I get a check in the mail from his bank.
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Jerry 1964 356, 1983 911 SC/Carrera Franken car, 1974 914 Bumblebee, a couple of other 914's in various states of repair |
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11-24-2016, 05:49 AM
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Yes. When my son was young I paid his allowance automatically from my account to his. Now that he's older and still somewhat supported by dad, I autopay him even tho our accounts aren't linked anymore.
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2014 Cayman S (track rat w/GT4 suspension) 1979 930 (475 rwhp at 0.95 bar) |
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11-24-2016, 06:35 AM
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Registered
Join Date: Apr 2008
Location: Houston TX
Posts: 8,700
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Quote:
I can also transfer online to nearly anyone with a US bank account, once or regularly, for free up to something like $2000 a month. Any bank bigger than 100 branches should have that.
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Mike Bradshaw 1980 911SC sunroof coupe, silver/black Putting the sick back into sycophant! |
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11-26-2016, 07:37 AM
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Registered
Join Date: Sep 2001
Location: Dismal Nitch, AZ
Posts: 9,042
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Thanks for all of your input, gents.
She banks with USAA...apparently only one bank in San Antonio, TX. She'll call them on Monday. . 
__________________
Don . "Fully integrated people, in their transparency, tend to not be subject to mechanisms of defense, disguise, deceit, and fraudulence." - - Don R. 1994, an excerpt from My Ass From a Hole in the Ground - A Comparative View |
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11-26-2016, 07:48 AM
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1979 Porsche 930 3.4
