Archive for March, 2010
Is there a way to automatically transfer an amount from one person’s bank account to another every month?
Posted by admin in Personal Finance on March 17, 2010
pandera asked:
My roomate and I use the same bank. I’d like to automate rent payments from his account to mine since the expenses come out of my account. When I call the bank they don’t seem to understand what I’m asking and suggest that he use the bill pay service to do this or I add him as an authorized user on my account (don’t want to do that). Has anyone set this up successfully and if so, what bank do you use?
Lance
My roomate and I use the same bank. I’d like to automate rent payments from his account to mine since the expenses come out of my account. When I call the bank they don’t seem to understand what I’m asking and suggest that he use the bill pay service to do this or I add him as an authorized user on my account (don’t want to do that). Has anyone set this up successfully and if so, what bank do you use?
Lance