Questions tagged [online-banking]

To be used for any questions related to banking transactions that can be carried out online [web based]. There is another broader tag online-tools if the questions is not specific to Banking

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22 views

Local routing numbers to receive payment in AED

I live in India. One of my clients requires a UAE based bank account to make the payment. I was looking for local routing number providers like Transferwise and Payoneer. These companies provide ...
4
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1answer
255 views

How to continue using the online banking feature of GnuCash (AqBanking) with PSD2 in effect?

I'm running GnuCash 2.6.19 (with AqBanking 5.7.8.0) on Ubuntu 18.04.3 LTS. Ever since the European Commission's Revised Directive on Payment Services (PSD2) came into effect online banking with the ...
15
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3answers
4k views

How to understand payment due date for a credit card

I just recently got my very first credit card, the Discover It Card. I knew it was crucial to have one, as a great credit score is needed for important things. The question I have is in regards to the ...
9
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2answers
3k views

Why different interest rates for checking and savings?

I have recently become financially independent (21 yo student in US) and I am starting an independent bank account. I noticed that the interest rates on savings accounts are significantly higher than ...
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1answer
123 views

Should I enter spaces when entering the IBAN for online transactions? [closed]

The IBAN number of the account I want to transfer money to is NL99 INGB 9999 1234 99. When entering these details in the my online banking portal, do I have to insert spaces as shown or type the 18 ...
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1answer
87 views

What is Money multiplier deposit or MMD?

What is money multiplier deposit or MMD? How it works in Indian bank?
2
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1answer
534 views

Cashed a check twice

I recently had the stupidest idea to change my direct deposit from Wells Fargo to Bank of America (my BOFA account is about 6 months old). Since I changed it 2 weeks in advance I was shocked when I ...
2
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3answers
197 views

Other ways besides USPS/FedEx/etc to deposit LARGE checks into online banks?

Mobile Deposit is great and all, but most mobile apps have pretty low deposit limits. Even though Ally's limit is high ($50,000), checks can of course be higher. Thus, what's the alternative to ...
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2answers
229 views

do I need to send my online access information if someone is depositing money into my account is this a scam? [duplicate]

I met someone online. She says she wants to help me with legal issues. She said her late father left her a business and she says she is selling the business and sending the money to my account. She ...
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1answer
235 views

How does ACH Deposit work (USA) - account holder name mismatch?

I would have a question related to ACH deposit where payment processor behind the website (i think it is Stripe processor) request, in Banking part of webpage section, only account number and routing ...
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2answers
318 views

Are checks safe to use given mobile deposit?

Inspired by this question Also, not a duplicate of this question as it's focused on image only deposit. Since checks can be deposited via an image (mobile deposit), it seems like it would be ...
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1answer
243 views

How to close a bank account with six figure savings?

The bank is American and I am not happy with their recent policy changes. I do have other bank accounts. Now, some facts about me: I am an individual, not a business entity, not an investor. I've had ...
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3answers
6k views

What information do scammers need to withdraw money from an account?

There is a story currently on the BBC news website. The relevant points are: Scammers called Alex pretending to be BT (telecommunications provider). Alex provided scammers with information / help ...
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2answers
66 views

Are intra-state and out-of-state online accounts insured by the FDIC?

Are intra state and out of state ONLINE savings/checking/CDs/money market accounts FDIC insured same as local brick & mortar bank accounts?
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3answers
20k views

Disadvantages of online checking accounts?

My parents helped me set up checking and savings accounts through Wells Fargo when I was a teenager and got my first job. Only now, ten years later, I’m realizing that the Wells Fargo accounts aren’t ...
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0answers
43 views

Quickbooks Add-On Service Discontinued on 5/31

I am using QuickBooks Pro 2016. I received a notice that Online banking will stop working after 5/31. My question is if automatic bank transaction sync going to stop working only and/or the ability ...
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0answers
92 views

man wants to send me money but wants my username and password- if i create a new bank account will i be safe? [duplicate]

a man contacted me on instagram for a sort of sugar baby arrangement, and wants my bank username and password to deposit money into my account. he says he needs this information so he can structure ...
3
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1answer
109 views

Do online billpay/banking force NSFs when they can?

When online banking and payment systems first came out, I remember they used to have a lot of issues with giving indicators (visual/email payment confirmation) that a payment was 'locked in', but then ...
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0answers
293 views

PayPal - getting away from them with TransferWise

We are outside the US and can't use Stripe for our business. Using PayPal, we have thousands of USD in the balance. I need to take large amount of money from my PayPal and move it to a bank account ...
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1answer
387 views

I wired a scammer some money, what now?

I mistakenly made a wire transfer (through swift) to an online scammer. I then asked my bank to issue a recall, which didn't work. Then I let them issue a fraudulent recall, now the receiver says the ...
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1answer
96 views

US Financial Institutions Blocking Foreign IPs

Frustration aside, why do many financial institutions block other country IP addresses? What purpose does this serve, is it a legal requirement for some institutions (examples: The Money Source, My ...
2
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1answer
138 views

Bank Accounts that use a common number

Why do some sorts of accounts not have their own account numbers? Instead they appear to pay into some sort of general account, relying on a roll number or reference to distinguish them. My Mortgage ...
7
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3answers
352 views

When do institutions exchange physical currency from electronic payments?

This question always been on my mind and I never truly understood the concept. I’ve done some digging and haven’t found the answer that is comprehensive. I want to understand at what point does a ...
2
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2answers
128 views

Are there any catches to no penalty CDs?

My bank offers a a 2.25% savings account. They also offer a 2.35% no penalty CD. This sounds like a straight upgrade with no downsides (ignoring a 7 day minimum holding period). This sounds too good ...
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3answers
1k views

Why do banks have daily deposit limits for check deposits with app?

I have a bunch of accounts at Fidelity and use their app to deposit checks on my phone. Each account has a daily deposit limit that is based on a number of factors, but the most important appears to ...
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1answer
100 views

Landsbankinn and OTP bank issue [duplicate]

A friend of mine sent me a sum of some 300 EUR (from Iceland to Croatia) but mistakenly used the IBAN of my bank and not my bank account. He included my full name and bank's SWIFT code. What is the ...
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2answers
129 views

Why are banks sharing connection/synchronisation mechanisms?

I noticed that my banks (at least in France) start to offer the ability to consolidate accounts from other banks (in order to have a unified view of all belongings). This is not done though a public, ...
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1answer
53 views

ICICI: Redeem Mutual Fund SIPs through net banking

I invested in mutual fund through ICICI net banking. After 7 SIPs, I stopped transaction for that fund, but did not get any money back in my bank account. Can someone please guide how to redeem the ...
3
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2answers
226 views

UK Issuing Bank blocked Debit Card. Said card was used fraudulently on ecommerce website. How can this happen?

I was using my UK bank account debit card in India, to buy few flight tickets for my inter city travel. Using my own laptop, in a co-working space. Website used : www.makemytrip.com -- is one of ...
3
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2answers
183 views

Does my bank's use of Voice ID put my assets at risk?

This week, I learned that Chase has introduced voice ID for my account, meaning when I call them, they will match my voice with their stored information, and allow phone access to my account based on ...
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2answers
47 views

Information about fee via 3ds secure protocol [closed]

I've made a transaction between my 2 cards issued by different Financial institutions (Banks). I've confirmed the transaction amount in 3DS window. But the total amount was decreased on a fee volume. ...
0
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1answer
849 views

Username/password change, can I be scammed later?

I gave my bank account log in and username along with security answers to someone. If I changed my username and password as well as my security questions, could I still be scammed later on?
78
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7answers
28k views

Is this work legal? Someone promises payment for converting money transfers to Bitcoin

An online company hired my friend as an account assistant. They told him they are a business consulting firm, and that they need an account assistant in every area. His job is the following: Some ...
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1answer
117 views

linking external bank accounts to other banks

A well known bank in my area mentions you can link external bank accounts and superannuation funds to your one bank account so you can conveniently see all your funds and net worth in one place, but ...
43
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11answers
14k views

Why is a transfer from an account to another not done instantly when it's not the same bank?

I own accounts at two different Romanian banks. When I transfer money to another account at the same bank, the money is transferred immediately. However, when I transfer money to an account at a ...
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1answer
55 views

External fund transfer Internet banking

Recently I got the internet banking service and I want to make an external fund transfer to a bank in USA am in Jordan. and I have to fill the following fields to complete the transaction ...
70
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6answers
147k views

Sugar daddy wants my online banking login info to make deposits — is it a scam?

Someone is offering to pay me in a sort of sugar daddy/sugar baby arrangement. They want to make online deposits to me, and they're asking me for my online banking username and password. Is that ...
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1answer
574 views

Preventing inactive Chase bank accounts

I had recently opened a Chase savings account and a checking account. I planned on using my checking account as a direct deposit. Would automating transfers from checking to savings prevent my savings ...
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2answers
245 views

If you give someone your accountant and name on the account do they get access to your account?

If you give someone the name of your accountant and name on the account do they get access to your account? Accountant like the person helping you manage your money. I have someone offering to make a ...
1
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1answer
129 views

What personal data can a US bank legitimately request when I want to open a checking account?

I am trying to open a bank checking account online in the US. I have provided my US driver's license number and Social Security number. I have provided evidence that I have access to another bank ...
1
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1answer
147 views

What can I do to get credit issuers to tell me exactly why I was not approved?

Whenever I apply for a credit card or credit line on the internet, I am often given the message that I was not approved, and that I would get a letter via snail mail as to why I was denied. But, when ...
2
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1answer
131 views

Will an only-online checking account work for a new worker? (18 years old)

I am completely new to opening banking accounts and using checks and all of that. I just got a job at McDonald's and I can get paid with a money card (not sure what that is yet) until I open a ...
2
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4answers
764 views

Does transferring $10 to various bank accounts count as money laundering?

I am making an app that rewards users with real money for using the app. The money comes from the profit I get from ads the user views. Basically, I am sharing my ads profit with my users. However, ...
3
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1answer
154 views

KMyMoney: Extract payee from memo field using regular expressions

short version: How does the "Extract payee from memo field" feature in KMyMoney work? You can find it here: KMyMoney > Accounts > Choose account > "Edit Account" > "Online Settings" > "Extract payee ...
2
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1answer
14k views

How long does it take for a Tangerine no-fee money-transfer email to be delivered?

I live in Canada. I use Tangerine (formerly ING Direct). Tangerine is the "direct banking" division of Scotiabank; it has no monthly fees but also no tellers. They let me send "Interac email money ...
2
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2answers
507 views

How to prove that I did not receive a payment

I'm working with an online company that sends payments through a bank. I sent them a payment request a while ago with my IBAN + the bank SWIFT and other details provided, so they could transfer the ...
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1answer
103 views

Strategies to guarantee arrival time for transfers between banks

I would like to set up a recurring transfer that is guaranteed to arrive at its destination by a certain date. Example A recurring transfer is delivered from Online Savings Account 123 to Checking ...
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1answer
539 views

Large Amount of cash withdrawals from bank

I borrowed money from friends to make a cash purchase of 14k on a house. I deposited the funds in small increments. I was unable to purchase the house because it was sold to the highest bidder. So ...
3
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2answers
311 views

Minor child scammed into thinking he could make money using his bank account [closed]

If a minor child with a bank account falls for a scam in which he is told he can make money and must give his personal bank information to the person telling him this, what can happen? Has anyone ...
0
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1answer
160 views

ACH File Transmission [closed]

Is there any desktop software, either web based or desktop based, to transmit ACH File request to the financial institution? I saw some ACH File creation applications but cannot find any transmission/...