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Question posted by mcworthy on December 1st, 2009 1:32 PM

Is It Safe To Give My Account # To A Person Who Wants To Make Deposits To It?

My tenant wants to pay his rent directly to my checking account. 

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Answers
Answer #1: Posted by Anonymous-12211 on December 1st, 2009 1:38 PM
Anonymous-12211

Member since:
February 15th, 2010
Points: 1,100
Yeah - you should be fine giving out your account number. This is done relatively frequently and there is basically nothing anyone could do with just your account number other than deposit money into it.

You may want to call Bank of America just to be 100% sure that there is nothing else you need to be thinking about.

Answer #2: Posted by Anonymous-14302 on January 20th, 2010 3:52 PM
Anonymous-14302

Member since:
February 15th, 2010
Points: 100
100 points
Open a separate account for your tenant to deposit the rent into, then sweep the money into your own account, leaving the minimum in the separate account to prevent account maintenance charges. On no account give out any of your private BoA information to a third party.

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Bank of America Knowledge Base Results
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  • Account Information & Access Frequently Asked Questions from Bank of America
    ... check? How can I withdraw money from my personal checking account? How do I deposit money into my personal checking account?... to receive your balance. How can I choose the best checking account for me? If you want to open a personal account, you'll find ... you can also set up direct deposit . And of course you can make deposits by mail Funds from cash deposits, direct deposits or wire transfers are ...
  • ATMs, Deposit Image and MultiCheck Deposit Image ATMs Frequently Asked Questions from Bank of America
    ... so you can: Make deposits Withdraw cash Transfer money between accounts Check account... customers in the states of Washington or Idaho. Please refer to the Personal Schedule of Fees for additional information. Each check...Check Card or ATM Cards require the use of a Personal Identification Number or PIN. So, photo ...like cash and keep it in a safe place Keep your personal identification number, or PIN,...
  • Quicken & QuickBooks Frequently Asked Questions
    ...(ex. Ordering Checks): 122101706 Electronic (ex. Direct Deposit/Automatic Payment): Wire Transfer: 026009593 With Online Banking through Quicken... a file name. Any file name will work, but make sure that the extension is ".qif". For example you could use: statement.qif or account.qif. (... the account you want to import the data into. (For example, you might have a Personal Checking account). Click OK....

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