Posted by TnNotary on 5/21/11 4:25pm
Msg #383962

direct deposits

What are your experiences with direct deposit for signing companies? good or bad idea?

Reply by Roger_OH on 5/21/11 4:49pm
Msg #383964

Just me, but no way would I give any SS my bank account information; you never know where it may end up.

It's the same reason you should NEVER give them your SSN; always protect yourself by using an EIN for all of your notary business dealings.

Reply by Gavina Franklin on 5/21/11 5:44pm
Msg #383966

You are giving your bank account information every time you write a check.

Reply by jba/fl on 5/21/11 8:43pm
Msg #383994

Some people don't write checks...ever. n/m

Reply by Lee/AR on 5/21/11 5:08pm
Msg #383965

I have a few who pay that way. My problem--until I started online banking--was that I really didn't know if/when it was deposited. With online banking, I can request Bank to send me an e-mail or text message when deposit arrives. That made a huge difference to me. I've experienced no problems with this direct deposit method (other than the slow-pays which come late anyway).

Reply by NJDiva on 5/21/11 6:42pm
Msg #383973

PayPal-direct deposits n/m

Reply by NJDiva on 5/21/11 6:42pm
Msg #383974

oops

Why not just get a PERSONAL (they take a % for business) account?

Reply by Susan Fischer on 5/21/11 10:44pm
Msg #384000

That's what I do. It's not a regular thing, so I don't

believe I'm 'gaming' PayPal. I'm really happy with my PayPal experiences.

Reply by MW/VA on 5/22/11 5:43pm
Msg #384025

I have one tc that does direct deposit & I love it. I also have a couple of ss that pay through PayPal. I transfer the funds to my checking acct. when they are available. No problems in either situation.