Is it possible to arrange direct deposit between two individuals?
November 9, 2009 10:43 AM Subscribe
How can I, an individual (not a business), automate a regular monthly payment to another individual (not a business) so that the payment is moved from my bank account into theirs? It can't involve issuing a paper check to the recipient which they then deposit--it needs to go straight to their account.
posted by HotToddy to Work & Money (19 answers total) 1 user marked this as a favorite
Currently I have a supply of their deposit slips and just send the payment directly to their bank, but it's the only paper check I have to write, so I'd really like to automate it.