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-   -   Disbursement to checking account (https://www.aspkin.com/forums/amazon/64448-disbursement-checking-account.html)

bartlby 09-09-2013 06:40 PM

Disbursement to checking account
 
In Option Two of Step 4 (p. 23) of Amazon Ghost, Aspkin says "some banks don't like it when you have funds being deposited to your account in a different name." Why is this relevant? Does Amazon, when it disburses funds to your checking account, send a document that, in addition to specifying the routing number and account number, says something like "Deposit to the account of ________" where the blank includes the name you have furnished Amazon?

I had assumed until I pondered this that since Amazon can't verify the name on the checking account they send just the routing and account numbers.

This isn't just academic curiosity. Understanding exactly what Amazon does will help determine my name selection.

rsot 09-09-2013 07:11 PM

Re: Disbursement to checking account
 
Better question is what bank will you use bartlby? Easier to tell you if that bank is good for stealth :)

GreenBean 09-09-2013 08:08 PM

Re: Disbursement to checking account
 
Quote:

Originally Posted by bartlby (Post 484381)

I had assumed until I pondered this that since Amazon can't verify the name on the checking account they send just the routing and account numbers.

This isn't just academic curiosity. Understanding exactly what Amazon does will help determine my name selection.

Majority of the time, only routing & checking numbers are used.

However, some banks have issues if they ever review the account & determine name variations.

If you mention your bank of choice, we can confirm if it is fine.

Good planing to be doing this now.

:mod:


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