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Billie Jo,
Direct Deposit requires that the receiver of the funds
(provider) supply the sender (payer) with bank inofomation. This is
generally done once (when the provider signs up to receive ACH payments), and
then applies until revoked. For this reason, bank information is not
placed on the 837.
Direct Deposit of my paycheck and my mom's Social Security
check works the same way.
Note that you can sign up for either ACH payments, the 835, or
both. If the banks at both ends are capable of handling a data record the
size of the 835, then the banks can be a conduit of 835 information to the
provider. Many smaller banks do not offer this service.
The opinions expressed here are my own and not necessarily the opinion of
LCMH.
Douglas M. Webb
Computer System Engineer Little Company of Mary Hospital & Health Care Centers [EMAIL PROTECTED] "This electronic message may contain information that is confidential
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- 837I and 837P Adams, Billie Jo
- RE: 837I and 837P Doug Webb
- RE: 837I and 837P Brett Hacker
- Re: 837I and 837P Doug Webb
