Bank with bill pay service
1 Reply
Ben Whittaker
from Melbourne, Australia
posted about 2 months ago
Hi all, investor based in Australia here. Scored an owner finance deal in San Antonio recently that's utilising a third party service company. I pay them a fixed amount each month, they distribute funds to mortgage, tax and insurance. Now, this particular company doesn't take any form of electronic payment, check or money order only. So I need a bank that I can open an account online with and have them send a paper check each month to the service company. I've googled plenty that offer "bill pay service" but it's unclear whether or not they will send a paper check.
if anyone has a recommendation it would be greatly appreciated just based on the hours of time I won't have to spend on the phone in the middle of the night...
Thanks all.
Ben.
Lee Ripma
Rental Property Investor from Los Angeles, CA
replied about 2 months ago
Most US banks have this. I personally have Chase accounts that I do this from. Chase isn’t great or anything but they have branches where I do business so they work for me. Also checkout deluxe e-checks, you can link to existing account.