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Article View: comp.sys.ibm.pc.misc
Article #7796

Re: Electronic Funds Transfer via PC

#7796
From: Dave Silvers
Date: Fri, 22 Feb 1991 21:38
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1690 bytes
In article <kblH7Zu00VIEE73Ksd@andrew.cmu.edu> jc58+@andrew.cmu.edu (Johnny J. Chin) writes:
>Since there is so much talk about EFT ... does anyone know of a way to have
>EFT for a company checking account?  Also, a company that I know wants to be
>able to do EFTs *FROM* customer's checking and/or credit card accounts to
>collect monthly dues; is this possible?  If any of this is possible, how and
>how much will it cost?
>

It is possible.  That's what Checkfree does.  It deducts $9 every month
from my checking account.  I also have my YMCA monthly dues set up this
way.  With both, I sent them a voided check and my signature giving my
permission to deduct the money from my account.  I guess they set it
up with the bank (I know I didn't).  They did not charge anything.

Dave Silvers


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::                  ::                           ::                ::
:: David M. Silvers :: davids@hdw.csd.harris.com :: (305) 973-5259 ::
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Path: arc1-ca.pugleaf.net!utzoo!utgpu!news-server.csri.toronto.edu!bonnie.concordia.ca!uunet!wuarchive!zaphod.mps.ohio-state.edu!caen!uflorida!travis!cadhcx!davids
References: <1991Feb19.150453.1@dev8n.mdcbbs.com> <1991Feb20.191741.18860@world.std.com> <kblH7Zu00VIEE73Ksd@andrew.cmu.edu>

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From: davids@cadhcx.hdw.csd.harris.com (Dave Silvers)
Newsgroups: comp.sys.ibm.pc.misc,comp.binaries.ibm.pc.d
Subject: Re: Electronic Funds Transfer via PC
Message-ID: <2427@travis.csd.harris.com>
Date: 22 Feb 91 21:38:11 GMT
References: <1991Feb19.150453.1@dev8n.mdcbbs.com> <1991Feb20.191741.18860@world.std.com> <kblH7Zu00VIEE73Ksd@andrew.cmu.edu>
Sender: news@travis.csd.harris.com
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Distribution: comp
Organization: Harris Computer Systems, Ft. Lauderdale, FL
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