Mandatory Direct deposit?

[scottinalaska]

I run an ATV rental business for Princess Cruises up here in Alaska. They were flaberghasted that I did NOT want direct deposit. Still, they went ahead and honored it with checks. They probably roll their corporate eyes at me every week!

One must ask the banker or boss, "Can a benefit be compelled?"
EX: "Here's a hundred bucks, take it!" Does the "receiver" HAVE to take it?
Is DDeposit a benefit? "Hell yeah!" says the boss. Why are you compelling me to take it if it is so great? Can I not choose it voluntarily?
How much force is justified to force another human being to receive a supposed benefit?
Perhaps these questions could be asked sooner than later before the bigwigs arrive.
scottinalaska

[wirlwind]

Anyone can dip into it at will now. I cannot tell you the number of times that I was charged for something that I never authorized or ordered by some company and it just came out of my account. In the past I might have ordered one thing, and supposedly that authorizes them to send you something and debit your account whenever they want to. I no longer have a checking account since it was levied for a judgment that a CCC got on us. I had direct deposit to, but stopped it. They don't like it, but now I get a check. My goal is to be self-employed in something that doesn't require a license that I can do from my home and deal directly in cash or money orders. I am so sick of all this control, or the atempts to control everything about our lives.

[fulltitle]

WITHOUT PREJUDICE

Originally Posted by sadie

I imagine then if you get stopped for a traffic violation they will automatically check you r ID and charge the account the fine. If you want to not pay for something and they don't like it they can just electronically block your account, or dip into it at will don't you think?

Currently in Atlanta and other cities, one can pay tolls automatically by affixing an electronic device to your car. One does not have to stop. But there are those who are looking at being able to demand funds from your bank accounts immediately: instead of just writing a ticket and placing it on your car, they wish to be able to debit the account on the spot whether you are physically there or not. If you notice (historically), a lot of prisons and jails start being built around the time the banking laws changed so as to allow for national and global consolidation of banking institutions. Used to be a bank could only buy or merge with a bank in a neighboring state. But circa 1994 they lifted that regulation (and shortly around the time of the 'S&L crisis' if I am not mistaken).

[sadie]

In Houston Texas they have that electronic toll tag too. Problem with those like you said is you give permission for one type of charge to your account and they decide they can just charge all types of other things because now they have authorized access.

[fulltitle]

WITHOUT PREJUDICE

Originally Posted by sadie

In Houston Texas they have that electronic toll tag too. Problem with those like you said is you give permission for one type of charge to your account and they decide they can just charge all types of other things because now they have authorized access.

Kind've what the phone companies have done. They've become 'payment gateways'. Or 'billing gateways' or something. I'm not sure of the exact term they've utilized. Someone I know in order to stop an ISP from billing them, they had to actually tell the phone company to terminate any 'billing gateway' 'feature' on the phone line. That stopped the ISP from being able to force the bill. But it took a bit of a stink to get the phone company to shut off the billing gateway. From what I gather, its enabled by default.

[David Merrill]

I do not have a bank account.

[fulltitle]

WITHOUT PREJUDICE

Originally Posted by David Merrill

I do not have a bank account.

Good move. I dont have one either.

[seeker]

on the bank account

seeker

[David Merrill]

I know in reality, especially when trying to acquire the new job, that does not wash.

The primary objective seems to be avoiding endorsement. That seems to be the poison - endorsement of the fiat currency. First I broadcast the rumor to suitors, and they made rubber stamps:

DEPOSITED FOR CREDIT ON ACCOUNT OR EXCHANGED FOR NON-NEGOTIABLE FEDERAL RESERVE NOTES OF FACE VALUE.

Then Lewis Vincent HUGHES on ecclesia.org resorted to a rare book on commercial instruments and says, "I have a draft against your bank I am presenting for acceptance." Then endorses:

No liability assumed;
No value assured;

It really seems to be the acceptance of colorable money without protest that draws one into a colorable world. Lewis has some law school attorneys in conference agreeing this is so. It agrees with Erie docrine and Jacques Sanchara JAIKARAN - Debt Virus (1994).

Some of us know the advantages of having no bank account. Many of us have bank accounts we cannot imagine doing without.

So consider the signature card. That is the authorizing signature. I have not heard of putting this broadswipe disclaimer of avoidance (either one) on the signature card. The bank of course has the opportunity to tell you go take a hike. I just have not heard how it goes. But that is the opportunity to cover endorsement, or lack thereof on the general tariff. Then all the subsequent direct deposits are non-taxable.

Many people do not understand they sign a 40-100 page agreement (tariff) when they sign a signature card. It behooves folks to ask for this tariff and strike through the terms about turning over funds to third parties (Notice of Levy from the IMFIRS) without judicial order or judgment and having the new agreement served on the Bank. But I wander off point.



Regards,

David Merrill.

[Bill Smith]

Originally Posted by David Merrill

I do not have a bank account.

Which is OK, since you don't have any income either.

For those of you who do have income and whose employer demands automatic deposit, set up two bank accounts and have your deposits automatically "swept" from the first account where your wages are paid into the second account where you write all your checks and make ATM withdrawals, etc. Sometimes you can do this where everything over a certain reserve amount (say $1,000) is swept into the second account.

If you can stand the hassle, the other thing to do is to set up an account with another bank and simply transfer the money by internet payment (Bank of America allows you to set up your online account to do this), and pay all your stuff out of the second account with the different bank. The downer is that you'll have to transfer money yourself every time you get paid.

If you want a helpful tidbit to slow down collection: Open the second bank account in a different county (or, better yet, in a bank two counties away -- and even better than that, in another state) so that it does not easily show up on a creditor search of accounts.