Quote:
Originally Posted by Mardio
Interesting. Can you also pay vendors electronically? Like phone bill, home utilities, etc...?
|
Sure, it's a regular bank (FDIC insured) but without physical locations. Because of no physical locations and because Charles Schwab they seem to have electronics things figured out pretty well. Biggest issue might be if you receive cash payments frequently that you want to put in the bank I think it would be hassle. My mother has a rental house and this is what stops her from doing it.
Thing I like the most is every ATM in the world is free to me, I remember when I would go out of my way to get to my local banks ATM's.