No School

AA 1

Today

I am going

to

show

y'all

how to

run

DDA

check

transfer

easil

y

.

Most people mistake this

for

Wire check (Check

dis

patch

)

but wire check

is

simply making someone edit a check,

p

rin

t

it out and

send

it via UPS or

FedEx and have the

clien

t

deposit

it, it

sounds simple cos

it

not a

100% sure

job, the

check might get declined and even

if it

gets accepted,

it

will

charge back

a

f

ter

some

few

days and client account

will

get

locked so

I

wo

n't

advise that

job tho it

looks easy.

Some banks even require document/authorization before

th

ey

accept the check and

it still

not assured

of

refl

ection.

However,

DDA is

the method

of

sending check

to

straight

to

Bank

'

s Address, the check gets

auto

matical

l

y

deposi

te

d

into

the

bank.

Bill Pay is

the method

of

sending check

to

Client

addr

ess

whilst

DDA is

the method

of

sending check

to

Bank

addr

ess as

DDA

logs ask

for

A

ccou

nt

Number &Address

whilst Bill

pay logs ask

for Only

Addr

ess.

Almost every bank can run

Bill

pay but

not

every bank

runs

DDA

tra

nsfer.

If you

running

bill

pay and the

log

asks for

Accou

nt

number

in

addition

to

address, then

it

a

DDA log

and you

have

to

put bank address

ther

e.

If you

running

bill

pay and

the

log

asks

for ONLY

addre

ss

and

name, then

it

a normal

bill

pay

log

so put receiver address