Bill Pay via Chase


P

ps56k

We live in a town of around 22,000
and I noticed that Utility Bills can be paid electronically using either an
"auth to withdrawal" facility, or a credit card.

Not knowing all the logistics and/or fees that may be involved,
I was wondering why the town does not also support the ACH bill payment type
of transaction
from various financial institutions like Chase, etc,
since it can "withdraw" funds using the same "conduit" ?

Commony referred to as "Bill Payment" -
I basically setup a Payee list with my Chase account,
and electronically transfer funds to pay bills.

But for those Payees not able to accept ACH directly,
then Chase actually cuts a physical check & mails it,
which I could have done in the first place.

tnx for any info on ACH payments -
 
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K

Ken Blake, MVP

We live in a town of around 22,000
and I noticed that Utility Bills can be paid electronically using either an
"auth to withdrawal" facility, or a credit card.

Not knowing all the logistics and/or fees that may be involved,
I was wondering why the town does not also support the ACH bill payment type
of transaction
from various financial institutions like Chase, etc,
since it can "withdraw" funds using the same "conduit" ?

Commony referred to as "Bill Payment" -
I basically setup a Payee list with my Chase account,
and electronically transfer funds to pay bills.

But for those Payees not able to accept ACH directly,
then Chase actually cuts a physical check & mails it,
which I could have done in the first place.

tnx for any info on ACH payments -

I can't tell you why they don't accept ACH payments, but regarding
"which I could have done in the first place," let me make the
following two points:

1. Chase pays for the postage, not you.

2. You can take care of paying the bill when you receive it, but have
the payment sent out no sooner than necessary. So you get the float on
the money, and you can take care of bills that might come due while
you are not at home--on vacation, business trip, etc.

Those two, especially point 2, are the reason why Quicken bill payment
is so wonderful to me. And I don't really care whether the money goes
out by check or ACH; the result is the same as far as I'm concerned.
 
S

Sharxster

Ken Blake said:
I can't tell you why they don't accept ACH payments, but
regarding
"which I could have done in the first place," let me make the
following two points:

1. Chase pays for the postage, not you.

2. You can take care of paying the bill when you receive it, but
have
the payment sent out no sooner than necessary. So you get the
float on
the money, and you can take care of bills that might come due
while
you are not at home--on vacation, business trip, etc.

Those two, especially point 2, are the reason why Quicken bill
payment
is so wonderful to me. And I don't really care whether the money
goes
out by check or ACH; the result is the same as far as I'm
concerned.
Yes, indeed. It is so 20th century to manually pay bills,
especially the reoccurring type.
Actually writing out a check, digging up an envelope and postage? I
THINK NOT!!!
 
K

Ken Blake, MVP

Yes, indeed. It is so 20th century to manually pay bills,
especially the reoccurring type.
Actually writing out a check, digging up an envelope and postage? I
THINK NOT!!!

I write checks to only two people, both of whom provide services here
in my house. I give them the checks, so there's nothing to mail. And
there's no issue of the payment not being due until later, so I don't
mind doing this the few times a year that I do it.
 
S

Sharxster

Ken Blake said:
I write checks to only two people, both of whom provide services
here
in my house. I give them the checks, so there's nothing to mail.
And
there's no issue of the payment not being due until later, so I
don't
mind doing this the few times a year that I do it.
I still use checks for birthday and Christmas gifts for my
grandniece and grandnephews. I don't
use e-mail E transfers because my bank charges the sender (me) a
fee for such transactions. The
fee is more than the cost of postage, envelope, and check. Am I
cheap? A most definite YESS!!!
 
P

ps56k

I wonder if when Chase creates and mails a physical check,
can you see the actual image on your online account - like any other
deposited paper checks ?
 
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K

Ken Blake, MVP

I wonder if when Chase creates and mails a physical check,
can you see the actual image on your online account - like any other
deposited paper checks ?

I can't speak for Chase, but assuming that they do the same as my
bank, Bank America, does, the answer is no.
 
S

Sharxster

ps56k said:
I wonder if when Chase creates and mails a physical check,
can you see the actual image on your online account - like any
other deposited paper checks ?
Actually creating and MAILING a PAPER check is so bloody
archaic--positively 19th century!
 
G

Guest

Ken Blake said:
I can't speak for Chase, but assuming that they do the same as my
bank, Bank America, does, the answer is no.
I am a long time Chase on-line bill payer. The answer is, indeed, no.

Rich
 
A

Arnie Goetchius

I am a long time Chase on-line bill payer. The answer is, indeed, no.

Rich
With Wells Fargo you can see the actual image of the check -- front and
back.
 
A

Arthur Conan Doyle

I am a long time Chase on-line bill payer. The answer is, indeed, no.
Interesting. USAA does show the check image when they have to cut a paper check.
The money does not get removed from your account until the check is actually
cashed.
 
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P

ps56k

"Sharxster" <sharx35@hotmail.com>

we get it - you're a geezer with an attitude -
now shut up and go away...
 
S

Sharxster

ps56k said:
"Sharxster" <sharx35@hotmail.com>

we get it - you're a geezer with an attitude -
now shut up and go away...
Just the opposite--only financial "geezers" rely on checks aside
from the rarest of occasions.
 
K

Ken Blake, MVP

Actually creating and MAILING a PAPER check is so bloody
archaic--positively 19th century!

Perhaps so, but as far as I'm concerned, I don't care. It doesn't
matter to me at all. I tell my bank to send some company or person x
dollars and they do. How they do it is up to them, and the result is
the same to me whether they do it with paper or by EFT.
 
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