Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by JumpCrisscross on Thursday October 03, 2019 @10:57AM
(#21147770)
> If it was your own account, then during the conference call you had to give out your personal information to identify yourself as the account holder at the other bank
Not necessarily. Banks can call, using the account information on the cheque, to verify funds available. (The cheque writer's bank can then call the cheque writer, separately, to get consent.)
I did this to clear a paycheck to cash when a cash-strapped college student.
Not necessarily. Banks can call, using the account information on the cheque, to verify funds available. (The cheque writer's bank can then call the cheque writer, separately, to get consent.)
I did this to clear a paycheck to cash when a cash-strapped college student.