answersLogoWhite

0

You use the automated clearing house (ACH) system. Your employer can direct-deposit your earnings into your online account, and you can access them using a debit card provided by the online bank.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Accounting

Where can one find more information about opening online checking accounts?

One can find more information about opening online checking accounts from Citi Bank, Bank of America and Nationwide. Checking account is the type of accounts that one can use to deposit as well as withdraw cash from the account.


What benefits are there in having an online checking account?

There are quite a few benefits to having an online checking account. For one, there is no need to balance your check book because all transactions are displayed in real time online. Also, one can use an online checking account to pay all monthly bills or send checks to people without have to be physically present or having to pay postage.


How much does it cost to open a checking account with Bank of America?

You can open a checking account with a minimum deposit of $100. Stop in a branch to speak to a customer service rep, or check out the online banking site for details of the various types of checking accounts.


How do you open a online checking account?

Opening an online checking account is usually very simple, and many banks offer online checking alongside your primary checking account. Your best bet would be to simply call your local bank, and ask them about their online checking program.


Do savings accounts provide you with a checkbook?

Usually not. Checking accounts give you a checkbook, but the idea behind a savings account is that you try to save the money instead of using it regularly, so usually checks and debit cards are only attached to the checking account. Of course online it is just as easy to access your savings account as your checking account.

Related Questions

Can I get a free online checking account from Wachovia?

Yes, you can get a free online checking account if you deposit more than 1000 dollars


Can you explain how a checking account works?

A checking account is a type of bank account that allows you to deposit money, withdraw funds, and make payments using checks, debit cards, or online transfers. You can deposit money into your checking account from sources like your job or other income, and you can use the funds in the account to pay bills or make purchases. The bank keeps track of the money in your account and provides you with statements to show your transactions.


Are Bank America checking accounts available online?

Bank of America checking accounts are available online. There are apps available to deposit, transfer and even withdraw money from the account to other accounts. Images of written checks are also available to view.


What is the purpose of an online checking account?

An online checking account allows you to view your balance and pay bills from your account. Some banks are starting to implement systems where you take a photo of your check and send it to your online account to deposit it.


What are the features and benefits of a checking account?

A checking account allows you to easily deposit and withdraw money, write checks, and make online payments. It provides a safe place to store your money, easy access to funds, and the ability to track your spending through statements.


How can I order deposit stamps for checks?

You can order deposit stamps for checks from a printing company or online. Simply provide your bank account information and the design you want on the stamp.


How can I find out my account and routing number?

You can find your account and routing number by checking your checks, contacting your bank, or logging into your online banking account.


Can you write checks or pay bills directly from an online savings account?

No, typically you cannot write checks or pay bills directly from an online savings account. You would need to transfer the funds to a checking account first to make payments.


Why would one use WestPac Online Banking over a traditional bank?

WestPac Online Banking is a good way of banking many different ways. A person can view a checking account, savings account, deposit checks and setup everything on the computer without seeking a bank rep.


How can I set up direct deposit into my checking or savings account?

To set up direct deposit into your checking or savings account, you will need to provide your employer or the entity making the deposit with your account number, routing number, and the name of your bank. You may need to fill out a direct deposit form provided by your employer or set it up online through your bank's website.


What banks in Colorado will open an account after bankruptcy?

open an account online at bofa.com . FREE CHECKING ONLINE AT BANKOFAMERICA.COM. ACCESS ATMS , DIRECT DEPOSIT, YOU CAN ORDER BANK BY MAIL KIT TO SEND DEPOSITS BY MAIL OR DO DIRECT DEPOSIT .


How can one use a commercial checking account?

To use a commercial checking account, first, open an account with a bank or financial institution that offers commercial banking services. Then, deposit funds into the account through various methods such as cash, checks, or electronic transfers. Finally, use the account to manage business transactions such as making payments, receiving payments, and keeping track of business expenses and cash flow.