Bank of America checking treats ACH transfer originating from ANY another account as a direct deposit. I confirmed this information last time I was at a branch.

It's likely that they just charge you for outbound transactions that you initiate from their online banking service. Citibank and BofA are the same way. Those banks don't charge you for pulling out money using someone else's (eg ING's) service.

sinik said:It's likely that they just charge you for outbound transactions that you initiate from their online banking service. Citibank and BofA are the same way. Those banks don't charge you for pulling out money using someone else's (eg ING's) service.

Thanks!

Could anyone tell me how to use Paypal and ING Direct to process a "Direct deposit"? Thanks!

Must be the linked account?

I believe USAA takes ING push payments and reports them as Direct Deposit. I have my payroll direct deposit setup to another account, and I use ING to push $1 to my USAA account every month, and I don't receive the $4.95 online billpay fee.

driggers said:does anyone know about City National Bank of Tyler? http://www.cnbt.com/


Their Reward Checking Account (3.45% APY!) required "Direct Deposit of Payroll or Government Benefit", don't know whether ING/ED/Paypal/ACH Push Transfers will count.

Does Citibank count EmigrantDirect deposits as "Direct Deposit"?

snowsnowsnow said:Does HSBC charge for ING transfers? I noticed that it's listed as treated as a direct deposit. But according to the HSBC website, it said that bank transfers will be charged $3 per transaction.

Only for transactions FROM your HSBC account. Adding money TO it is free. But the charge is waived for OnlineSavings account holders, and daily/monthly limit is 100K.

a question - when you use citi or other banks service to pull the money out of ING, does that also count as a DD vs pushing the money from ING?. coz the registering of accounts via ING with mailing the check etc takes a week+.