Best way to transfer funds from one individual to another?

[Racer X]

TL wrote:
BofA allows deposits at a branch to another person's BofA account. You would need your friend's account number. Call your branch for details.

Key Bank will let you too.

[Black]

Thanks, everyone.
Don't know how urgent it is , , , guess the next step is to find out if he's with BoA.

[GGD]

Black wrote:
Thanks, everyone.
Don't know how urgent it is , , , guess the next step is to find out if he's with BoA.

If there is no urgency, then why don't you just mail a check?

[wurm]

Just make him a payee as you would any other bill you pay online through your bank.

[Black]

GGD wrote:
[quote=Black]
Thanks, everyone.
Don't know how urgent it is , , , guess the next step is to find out if he's with BoA.

If there is no urgency, then why don't you just mail a check?
Checking . . . nope, still got my goat.

[Black]

wurm wrote:
Just make him a payee as you would any other bill you pay online through your bank.

I'm looking at that in Billpay but the info that's being asked is unclear.

Seems like they want his first name and last name, city/state/zip, home address?? And then there's a field for account number with instructions as if it's a bill payee rather than an individual-- wouldn't you think they'd want the bank name and the routing number?
Unfortunately no BoA customer service until Monday.

[vision63]

If a branch of his bank is in your city, then just deposit the money into his account. I do this all the time at a great number of banks.

[wurm]

Black wrote:
[quote=wurm]
Just make him a payee as you would any other bill you pay online through your bank.

I'm looking at that in Billpay but the info that's being asked is unclear.

Seems like they want his first name and last name, city/state/zip, home address?? And then there's a field for account number with instructions as if it's a bill payee rather than an individual-- wouldn't you think they'd want the bank name and the routing number?
Unfortunately no BoA customer service until Monday.
No, if it's like most banks, they just need his name and address. The account number they're asking for is yours if you have a account with that payee. You don't (I'm assuming), so you can either ignore it or put n/a in that field. They don't need his bank info because they're just going to send him a paper check probably. But since it will originate from the bank it seems to carry a little more weight with the recipient. At least that's been my experience on the one or two occasions I have to pay someone that way.

[Janit]

A mailed check from anyone will still need to clear before he can draw on it. If his bank has a branch local to you, you can deposit cash in his account, and it will be available immediately.

[Black]

wurm wrote:
[quote=Black]
[quote=wurm]
Just make him a payee as you would any other bill you pay online through your bank.

I'm looking at that in Billpay but the info that's being asked is unclear.

Seems like they want his first name and last name, city/state/zip, home address?? And then there's a field for account number with instructions as if it's a bill payee rather than an individual-- wouldn't you think they'd want the bank name and the routing number?
Unfortunately no BoA customer service until Monday.
No, if it's like most banks, they just need his name and address. The account number they're asking for is yours if you have a account with that payee. You don't (I'm assuming), so you can either ignore it or put n/a in that field. They don't need his bank info because they're just going to send him a paper check probably. But since it will originate from the bank it seems to carry a little more weight with the recipient. At least that's been my experience on the one or two occasions I have to pay someone that way.
Thanks.