Posts by placidmaker6

It’ll hit the bank account immediately.

Released in May 2017, yet somehow paid off by January 2013??

Depends on which bank the Federal Reserve is processing for, but it should clear pretty quickly during the day.

Kyle Nelson2 said:Linic (not Zvjezdan)

Spot on!👍

All this means is he set up a draft, but it’s definitely NOT a confirmation that the payment actually went through!

Aircash?

Where on earth am I supposed to find the pre-authorized ACH transfers in my banking app?

I need them to show up once the sender hits send (usually about two weeks out).
Right now, I can see them sitting in my Chase app.

Just installed the new Chase app and I’m totally lost—where the hell do I find the upcoming ACH transfers?
I haven't really used them before, so I have no clue if they were even visible in the old version.

Chase just freezes up on me whenever I try to hunt down an ATM. Like, it doesn't even show any locations at all.

Depends on how much longer you plan on sticking around. If you make it another 20 years, you’ll probably see about half that amount, assuming a gross pension of roughly $1333. But if you live to be 100? You'll get the whole thing.

The bill always gets sent.

Greetings from Washington, D.C.

wiredtinker11 said:So what you're saying is—if you're using Citibank, the transfer limit is capped at $3,300? That is absolute garbage.

Sent from my SM-N910F via Reddit

You can bump up the limit, but you'll have to actually show up at a branch.

Greetings from Washington, D.C.

ironcyclist58 said:How can you be so sure about that? Did you even consider that since early 2017, the new regulations kicked in requiring banks to report basically every single deposit to the IRS?

Not quite.
Since January 2017, the IRS gets direct access to all checking account activity—something that wasn't happening before. You really think banks would bother manually reporting every little transaction on top of that?

The bank won't give you the time of day if it's under $35
The IRS might actually care about smaller amounts, though.
Anyway, just use a checking account, not a savings account!

Wells Fargo should have just reversed that payment!

()

Alright, we got the point the first time. No need to repeat ourselves three times over.

(via Reddit)

And just like that, since the start of the year, checking accounts are wide open for the IRS to peek at. Great.

(via Reddit)

Nathan Morris3 said:So, I guess we basically concluded that things are pricey here in America, cheaper in Austria, but there are definitely places where it's even more expensive than the US, and maybe some places where it's actually cheaper than Austria.
But honestly, I'm still wondering why it's so high in the US. I mean, are banks really struggling to stay afloat? (I know they had those issues with the Swiss clients). But compared to what people earn, it feels like way too much—take Ally Financial, for instance—paying $25 fees on a $10,000 transfer via online banking. It's just not the norm in America like it might be in Italy or the USA. I suppose it makes sense that teller services cost more, especially in places where labor is expensive.
And yeah, a lot of banks in Austria have raised their rates lately, but there are enough direct banks in Austria and Germany where you can just skip the big, expensive banks entirely. If the market is open, I guess it's easy enough to find a way around it.

Something definitely feels off here.
In the States, an online transfer doesn't care how much you're moving; most major banks cap those fees at maybe $2.

The United States Dollar isn't our local currency here, so transactions end up costing more. We could go down a rabbit hole about the decimals if you really want to talk about it... :-)