ACH mis-match name deposit?

[allsmell]

Can the payment be deposited to BOA bank account with mis-match name deposit by ACH?

[MM78]

Yes..............

[123]

havent had an issue with BOA with mismatch names

[nickopedia]

BOA does work good, as does Wells Fargo & Chase. Any of the major banks have been proven to, in fact. Smaller community banks or credit unions may have issues esp. if they use a correpondent bank for their transactions.

As a general rule, best to stay away from online only banks or debit cards i.e. Greendot, GoBank, Ally, Metabank, etc..

[Jingling2017]

Originally Posted by allsmell

Can the payment be deposited to BOA bank account with mis-match name deposit by ACH?

Yes....depends how much you are pushing through at a clip....done smartly zero problems.

[allsmell]

If the deposit amount over $200,000?

[allsmell]

Originally Posted by Jingling2017

Yes....depends how much you are pushing through at a clip....done smartly zero problems.

If the deposit amount over $200,000 ?
Will be work by mis-match name of BOA account?

[nickopedia]

Originally Posted by allsmell

If the deposit amount over $200,000 ?
Will be work by mis-match name of BOA account?

Sending an third party ACH to any bank for over $200k in one shot is likely to cause issues. At the very least you can expect the fraud dept. to take a manual look and you'll get a phone call asking for explainations.

If you don't mind me asking, how much fund is in this PayPal you want to take out?