Crawdaddy LSU Fan Slidell Member since Sep 2006 11389 posts
automatic bank-to-vendor payment question (Posted on 9/19/13 at 10:11 am)
A local business that I have always paid each month now wants everyone to setup automatic bank-to-vendor payment. They will automatically take their payment on a certain date each month. This business just decided that is is how they are going to take their payments. I do not let anyone do this. I pay the bills cash, check, or I pay online myself. Do I have the right to refuse this company into my banking account and just pay them cash each month?
PlanoPrivateer LSU Fan Frisco, TX Member since Jan 2004 1264 posts Online
re: automatic bank-to-vendor payment question (Posted on 9/19/13 at 12:46 pm to Crawdaddy)
If the bill varies each month then I might have a problem. But, if the bill is the same then I probably wouldn’t. For example, I have car insurance set up where they draft the same amount from my checking account each month and I don’t have a problem with it.