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#1
08-25-2004, 08:51 AM
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 Re: On Line Bill Pay? Miner, Thank you for clearing this up for me. Jim Turner - quote - > -----Original Message----- > > Is it hard to set up? > No. > > What type problems can I expect. > There really haven't been a lot of problems reported here, so no one > thing stands out. Personally, I find that matching up my bank's payee > names with the traditional payee names I'm used to was not a clean, > clear process, e.g., "CITIBANK CREDIT CARD" (My bank's) and "Airline X > VISA" (my name) are the same (but how do you know that). It's > advantageous to do this because then the payment gets sent > electronically (in 1- 2 days) as opposed to your bank cutting a check > and sending the check to the payee's address. > > Does one still have the ability to write checks (paper)? > Yes. > > ...and is the security safe? > Yes. > > Does one still receive the monthly statements by snail mail. > Yes, of course. Your bank would need your consent, separately, to stop > sending monthly statements to you. > > Do you use the same check registry? > After you get comfortable with the process, you can stop using your > traditional paper checkbook register altogether. You should have a 100% > rock-solid data backup method in place and working to do this. And, as > they say in the unofficial faq for this ng, exercise the restore process > to be sure it works, too. > Jim Turner wrote: > > I am planning on using an on line bill pay service that > > uses MSmoney? Is it hard to set up? What type problems > > can I expect. Does one still have the ability to write > > checks (paper) and is the security safe? Does one still > > receive the monthly statements by snail mail. Do you use > > the same check registry? I know, lots of questions but > > want to make sure I don't run into lots of problems. > > Thanking all in advance. > > > Jim Turner > . |
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08-24-2004, 10:39 PM
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| Re: On Line Bill Pay? - quote - > Is it hard to set up? No. - quote - > What type problems can I expect.
thing stands out. Personally, I find that matching up my bank's payeeThere really haven't been a lot of problems reported here, so no one names with the traditional payee names I'm used to was not a clean, clear process, e.g., "CITIBANK CREDIT CARD" (My bank's) and "Airline X VISA" (my name) are the same (but how do you know that). It's advantageous to do this because then the payment gets sent electronically (in 1- 2 days) as opposed to your bank cutting a check and sending the check to the payee's address. - quote - > Does one still have the ability to write checks (paper)? Yes. - quote - > ...and is the security safe? Yes. - quote - > Does one still receive the monthly statements by snail mail.
sending monthly statements to you.Yes, of course. Your bank would need your consent, separately, to stop - quote - > Do you use the same check registry?
traditional paper checkbook register altogether. You should have a 100%After you get comfortable with the process, you can stop using your rock-solid data backup method in place and working to do this. And, as they say in the unofficial faq for this ng, exercise the restore process to be sure it works, too. Jim Turner wrote: - quote - > I am planning on using an on line bill pay service that > uses MSmoney? Is it hard to set up? What type problems > can I expect. Does one still have the ability to write > checks (paper) and is the security safe? Does one still > receive the monthly statements by snail mail. Do you use > the same check registry? I know, lots of questions but > want to make sure I don't run into lots of problems. > Thanking all in advance. > Jim Turner |
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#-1
08-24-2004, 02:55 PM
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| On Line Bill Pay? I am planning on using an on line bill pay service that uses MSmoney? Is it hard to set up? What type problems can I expect. Does one still have the ability to write checks (paper) and is the security safe? Does one still receive the monthly statements by snail mail. Do you use the same check registry? I know, lots of questions but want to make sure I don't run into lots of problems. Thanking all in advance. Jim Turner |
| Tags |
| bill, line, pay |
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