Most people in the states have no idea what you are talking about - electronic funds transfer is practically non-existent. You certainly can't just walk into a bank and make a payment into a third-party account (even though I could do that in the UK 30 years ago).
This is partly because of some pretty restrictive rules on inter- state commerce, and partly because the banks aren't very interested in providing the service. There are some extra-cost options to do this if you use electronic banking, either from your bank or from a third-party service such as Quicken Bill-Pay. But all of these that I've seen have a per-transaction cost (and a minimum monthly charge that covers the first 10 or 20 transactions). The cost is comparable to the cost of a postage stamp, so it's not a big deal, but it isn't free. On Tue, Mar 06, 2007 at 09:17:59AM +0900, David Savage wrote: > I don't know what it's like in the States but, I personally prefer direct > deposit via online banking given the option. And the fees involved are none > existent for local (ie within Australia), within the terms of my bank > account transaction limits. > > Paypal could be made redundant if more people were willing to do direct > deposits IMO. > > Cheers, > > Dave > > At 01:11 AM 6/03/2007, you wrote: > >Well, what seemed like a simple thing has become a lot more complicated. > > > >I wanted to use the transferred funds to pay my eBay bill, but I wasn't > >allowed to unless I got "verified," which, from what I can tell, means I > >have to give paypay access to my bank account. That will never happen. > >Then I thought to have Paypal just send me the money, but they won't do > >that because my mailing address is a PO box, something that should have > >been mentioned when I signed up. In order to add a street address to my > >account I have to give paypal access to my credit card information which A) > >I don't want to do and B) my credit card statement goes to my PO Box., > >which, of course, is unacceptable. Of course I now discover that there are > >fees to receive the money - perhaps my fault for not looking into the > >details more carefully, but there was nothing in the sign-up process that > >was obvious to me regarding charging me to receive money. > > > >Did someone say I can decline the payment? I don't think I want to deal > >with paypal. It's too intrusive and too complicated. > > > >Shel > > > > > > > [Original Message] > > > From: <[EMAIL PROTECTED]> > > > To: <[email protected]> > > > Date: 3/5/2007 7:36:41 AM > > > Subject: Re: A Paypal Question > > > > > > One other thing, Shel, it takes three days for fund to transfer to a > >real > > > life account. Sometimes I've had it take longer, depending on when the > >money > > > comes in, etc. Bear that in mind. But, overall, PayPal is pretty darn > >handy. > > > > > > Marnie aka Doe :-) > > > > > > <BR><BR><BR>**************************************<BR> AOL now offers > >free > > > email to everyone. Find out more about what's free from AOL at > > > http://www.aol.com. > > > > > > -- > > > PDML Pentax-Discuss Mail List > > > [email protected] > > > http://pdml.net/mailman/listinfo/pdml_pdml.net > > > > > > > >-- > >PDML Pentax-Discuss Mail List > >[email protected] > >http://pdml.net/mailman/listinfo/pdml_pdml.net > > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
