The payment reference helps the recipient match the incoming funds to their own records, like an outstanding invoice or account balance. In the little box, you enter a two-digit "code"—basically just a way to validate the other numbers—and then dump the remaining amount into the big box. Most people just call this info a reference number.
Yeah. I can't say for sure about $3.25, but everything else—including $333—is good to go. I checked it myself just the other day. The daily deposit limit is $1667, so don't try to dump more than about 30 bills at once. If they're super crumpled? Maybe even fewer.
Not happening. Individual account data stays locked within each specific bank. Only the Federal Reserve sees everything across the board. But seriously, no one’s going to name their checking account "jam production." That would be an immediate red flag!
hollowdrifter5 said:From what I gather, there are accounts that use specific codes for anonymity, though most places try their best to avoid that kind of setup entirely.
Under normal circumstances, you have to prove exactly who you are just to get an account opened.
I play Powerball pretty regularly, but I’ve never really given much thought to these kinds of technicalities. Honestly, I think I’d be fine with the risk of people finding out I was the one who hit the jackpot.
They don't exist—or rather, they aren't supposed to exist—for a few years now.
Closing an account is a total pain if you can't show up at the branch in person! I could almost always check my balance at an ATM even when I was out of the country (though I was using a VISA card)
Tax is only triggered by actual earnings. If that money hits your bank account as a freelance fee or something similar rather than a standard paycheck, the IRS just uses it as a way to check if you've been staying on top of your taxes and social security contributions. If what’s landing in your account isn't actually income, then why on earth would you pay tax on it?
You can't just flip dollars into another currency on a whim, let alone move them to a different bank. You actually have to deal with a currency conversion somewhere along the line. Account numbers aren't supposed to exceed 10 digits. If you're seeing 11, that’s a glitch on the bank's end—in this case, JPMorgan Chase—so you'll need to check with them to figure out how to process the transfer.
Gregory Bishop47 said:hey thinking about ordering some kicks from Eastbay or Foot Locker online. they're basically the biggest sneaker shops out there. since I'm here in the States, I gotta send the cash through Western Union (mostly because I don't even have a credit card right now) so I grabbed this Western Union form at the Post Office to fill out, but they won't take it. they told me they only accept the specific Quick Pay Form—the one where you list the company name, whereas this local one asks for a person's full name instead. I tried explaining that the Post Office told me it was totally fine... that once I send the money, I just email them the multi-digit code, then whoever the recipient is just shows up, gives their name and the code, and grabs the cash. but they were dead set on it... basically said they can't touch any other form except that blue one, aka the Quick Pay Form They suggested if I can't find that blue form anywhere—which I can't, checked the Post Office, various banks, even called Western Union—then my only option is an international money order. so I got two questions: 1. does anyone know where I could snag that blue Western Union Quick Pay Form? 2. regarding that international money order thing they recommended... how does that actually work? Does the money hit their account as fast as a Western Union transfer? thanks in advance for the help
If none of the Western Union agents—you know, the people at the local Post Office or some random bank—have even heard of the Quick Pay Form, then honestly, even if you actually had one in your hand, they’d probably still find a way to screw up the transfer. And this second thing? In America, they call it something else. A remittance? Really? Any bank can pull this off. All you need is the company name, their address, account number—or IBAN if you're dealing with the EU—the specific bank code, and the exact amount and currency you're paying. The cost? Practically nothing. $17.
Credit card charges hit your account in dollars, but how much you actually end up paying depends entirely on the conversion math used by your specific card—some process through the Euro while others go straight through the USD.
Maybe I should keep some on hand just in case they don't take Diners Club somewhere? I know that used to happen in places like Canada, though who knows if that's still a thing.
JPMorgan Chase already offers their own digital account service, so I suppose I wonder if this is just their specific version of the same thing. Furthermore, would one actually be able to cover all types of expenses through it—utilities, phone bills, internet, water, heating... regardless of where you happen to live in the States?
You can only pay for services that have a contract with your specific bank. Bank of America only works with Verizon, while JPMorgan Chase handles ZAG Holding and maybe a few other things.
Report a stolen or lost card Whether you're abroad or right here in the States, if your card goes missing or gets swiped, please immediately report it by calling the customer service line at 1-800-BANK-OF-AMERICA, faxing 1-800-611-9351 (available 24/7, 365 days a year), or just heading into your local Bank of America branch.
Second: There's probably a fee involved in getting a replacement card issued, Third: What do you mean by "providing a service"? You don't pay to actually use the card; you just pay a small, negligible account maintenance fee every six months for the account the card is attached to.