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Bank of America Interesting new thing.
Feb. 1st, 2006 10:58 amI am a big fan of bill pay. Why write checks and spend money on postage when the bank will do it for free. Some of us of course are to 
Paranoid to do that, but I'm not. The bank is responsible if my funds come up missing right?
So anyways, I asked my landlord when he got my last check I sent through bill payment, just to make sure he got it within the grace period of my lease. He got it a day after, but said it was not a big deal to him as long as he knows it is on the way. Well this month, I saw this in my bill pay to my landlord.
Payment check # 96400987 was sent to Blake Scholten on 01/26/2006 and delivered on 01/31/2006. Funds were withdrawn from your MYACCESS CHECKING- account on 01/31/2006.
Sweet... the bank is actually sending the bill pay checks out before the money is even in my account. I wonder how long it will take before that is abused?
Paranoid to do that, but I'm not. The bank is responsible if my funds come up missing right?So anyways, I asked my landlord when he got my last check I sent through bill payment, just to make sure he got it within the grace period of my lease. He got it a day after, but said it was not a big deal to him as long as he knows it is on the way. Well this month, I saw this in my bill pay to my landlord.
Payment check # 96400987 was sent to Blake Scholten on 01/26/2006 and delivered on 01/31/2006. Funds were withdrawn from your MYACCESS CHECKING- account on 01/31/2006.
Sweet... the bank is actually sending the bill pay checks out before the money is even in my account. I wonder how long it will take before that is abused?
