Quote:
Originally Posted by Bill14564
I wonder of it matters where the ACH is initiated. If a customer asks Leesburg Electric to pull funds from the bank then Leesburg Electric initiates the transfer and charges a fee. If the customer asks their bank to push the money to Leesburg Electric then the bank initiates the transfer. Perhaps the ACH fee is paid by the side that initiates the transfer and the bank waives the fee for its account holders.
|
I think that may be correct. I still don't pay a fee to pay my water bill using my bank's ACH bill pay system. But if you use the district's vender to make the ACH payment, they charge you a $0.95 fee. Hopefully, Leesburg will follow the same procedure.