Re:Visa, Mastercard $30B swipe fee settlement rejected by US...
by keiferski on Wednesday June 26, 2024 @04:21AM
(#40797587)
Most checking accounts have a feature that lets you transfer X amount from Y external account when Z happens.
[ Parent
| on HN ]
Re:Visa, Mastercard $30B swipe fee settlement rejected by US...
by DANmode on Wednesday June 26, 2024 @04:26AM
(#40797636)
Most?
I must be the most unlucky person in banking history; I've yet to see this across 6 banks.
What banks are doing conditional anything, on any inputs besides time-frequenced wires?
Re:Visa, Mastercard $30B swipe fee settlement rejected by US...
by keiferski on Wednesday June 26, 2024 @04:29AM
(#40797652)
I've seen this as a basic feature on at least two banking sites: "when the balance gets below $X, move $Y amount to that account." If you have more than one account with that bank then you can also choose the source of that money.
Often it's a part of the overdraft settings.
Re:Visa, Mastercard $30B swipe fee settlement rejected by US...
by lxgr on Wednesday June 26, 2024 @08:13AM
(#40799072)
I’ve only ever seen “when a payment can’t be covered on account x, take the exact sum out of account y”, which together with a maximum number of savings withdrawals per month doesn’t really work like the feature GP wants.
Re:Visa, Mastercard $30B swipe fee settlement rejected by US...
by keiferski on Wednesday June 26, 2024 @08:22AM
(#40799142)
At least two banks I've used have "low cash mode", where they notify you and make a transfer if your balance goes below a certain amount.