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07-07-2015, 02:43 PM
| #1 (permalink) |
 Join Date: Sep 20 2012 Location: Osceola, Iowa
Posts: 145
Rep Power: 12  | credit card vs. bank account draft - EFT It was suggested to me that I should consider getting away from running EFTs through my processing company and doing a bank account draft. I hadn't really thought too seriously about it until I received my account statement the other day. It got me to thinking that I could save myself some money but know it will create a little more work on my part. I am wondering if any of you do the draft vs. credit processing company. Thanks for your input. |
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07-22-2015, 07:42 PM
| #2 (permalink) |
  Join Date: Oct 29 2007 Location: OHIO Age: 39
Posts: 237
Rep Power: 17 | Re: credit card vs. bank account draft - EFT I have been very interested in this as well. I pay a couple of hundred dollars amount and it does seem like something I should research as well.
__________________ Erica/Love My Tan |
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07-24-2015, 10:59 AM
| #3 (permalink) |
| Join Date: Sep 20 2012 Location: Osceola, Iowa
Posts: 145
Rep Power: 12 | Re: credit card vs. bank account draft - EFT Must not be anyone doing it. I contacted my bank to see how to go about it. Mine told me that I can only do them on the 1st and 15th of each month. I will go in next week to sit down and discuss exactly how to do it. It may not be worth the manpower vs. credit card fees. |
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07-27-2015, 09:36 PM
| #5 (permalink) |
 Join Date: Nov 11 2008 Location: Adrian, Michigan
Posts: 85
Rep Power: 0 | Re: credit card vs. bank account draft - EFT We used to do it ourselves through our bank. Worked well but it involves a double bookkeeping system as our POS (Helios), wiil not interface with our bank for drafting. |
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