[EMAIL PROTECTED] (Alok G. Singh) writes:
> I need to be able to transfer money from my account to a number of
> accounts (which change from time to time) automatically. While there are
> several products to collect money from various bank accounts, there seem
> to be none that do the reverse, i.e. disburse money to various accounts.
[...]
> Answers that are restricted to the US banking system are enough for now,
> but I would be glad to hear of systems with a wider applicability.

You want to learn about ACH:
  http://en.wikipedia.org/wiki/Automated_Clearing_House

Perry
-- 
Perry E. Metzger                [EMAIL PROTECTED]

Reply via email to