You must contact the bank first to do that, or use an automated system of theirs, but you can’t just drop the money in their account.
Re:Citibank's $900M Blunder
by addison-lee on Thursday August 20, 2020 @01:13PM
(#24225695)
Yes they are being disingenuous with their comment (and commenting on every thread here with their comparison).
They sent a check with their account number to an address specifically set up to receive mortgage payments.
A more apt example is mortgage. I just prepaid my mortgage recently (as a part of refi), but it is the exact same situation: instead of making interest payments, I chose to just pay everything that was owed at once.
Maybe Revlon was thinking of getting a much cheaper (low interest) loan than what it had obtained from Brigade?