VENMO users in SOUTHERN California with Bank of America?
Which routing number do you use for bank account, to cash out? The paper/electronic routing number are actually two different numbers. 122000661 or 121000358 ? I tried both and BOTH of them successfully verified which confuses me - I assume they verify because they are both correct, but it can't not matter, right? I don't want to use the wrong number and lose my money when I cash out. Thanks!
What is the Bank of America routing number in California?
It depends upon what type of activity you're talking about. Here are the numbers you're looking for.Paper (for ordering checks), 122000661Electronic (for Direct Deposit and Automatic Payments), 121000358Wire (for Wire Transfer), 026009593Source: Bank of America (I just logged onto my B of A account)
If I'm using Lyft can I pay my driver with cash?
You are not supposed to use cash for Lyft and drivers generally don’t like it. One of the advantages of Lyft and Uber is that you are not a target for theft because there is no cash involved. Not to mention the fact that the company isn’t going to receive its percentage of the fare—they really don’t like that.You also don’t have to pay immediately. You finish your ride, say goodbye, and go to the app. You give the driver a 5 Star rating (always!) and add a tip if you want. It goes on your credit card and you pay in 20 or 30 days like any other credit card expense.Paying cash would mean that the driver has to turn off the application, work out what the ride would cost if the application was working, and then take your payment. Also, there is a record in your app that you’ve contracted/called for a cab and a record in the driver’s app that he received a request and answered. Then you both cancelled.It’s a pain and I imagine most drivers would object.
Why does it take PayPal 3 - 5 days to transfer money to my bank?
I personally don't believe this is anything more than a marketing decision to make it more appealing to leave your money in your PayPal account (thereby showing as an asset on Paypal's balance sheet), continue to earn interest as long as the money is stored under their control, and encouraging you to use their own branded Mastercard (which means they get the fees for use). They have a business interest in making it simply take so long.The reality is that financial transactions can be instant when they want to be. Banks and Paypal certainly can take my money out at the moment their MasterCard is swiped at a store.True story from a couple of weeks ago: I walked into a bank (not my own) to make a credit card payment because I had a Visa from there, and I gave them a handwritten check. I happen to check my own bank's checking balance not 10 minutes later, and the money was already deducted from MY bank -- because this other bank had scanned the check right there at the teller, read the numbers at the bottom, encoded it, and instantly transferred it from bank to bank. So banks and processors certainly CAN do this. Paypal simply chooses not to.
What does DDA deposit stand for in my online banking?
Quick Search Engine (Google) Result: What is the difference between a checking account, a demand deposit account, and a NOW (negotiable order of withdrawal) account?
What wire transfers are reported to the IRS?
The IRS can see any wire transfer it wants, if it involves the US banking systems or US persons. Banks are also required to report any suspicious activity or transfers by certain individuals and large amounts. Other suspicious activity might be reported, like frequent transfers that equal a large amount, transfers to certain countries, source accounts that have had cash deposits, etc. There are actually super-smart algorithms the banks use to detect suspicious activity, because if they don’t and a crime occurs the bank could be subject to enormous fines. Highly suspicious transfers may be blocked and the assets compounded until they are cleared by a compliance officer, who may at his or her discretion notify authorities first.Most other countries have similar measures, some of which are required to have access to the US banking system. (Related topic: FATCA)Generally the IRS is concerned with tax evasion, so they could request reports as part of an audit or investigation. Other agencies can also access your bank information to investigate crimes, like the FBI, SEC, Secret Service, etc.You might also be interested to know about confiscation. If your activity is suspicious the US government can immediately seize your assets and then you have to prove there was no crime to get your assets back.
Is catfishing illegal?
The act of catfishing (impersonating someone online) is not in and of itself illegal.However, what the catfisher does under the guise of a fake profile may fall into a few legal areas:Copyright - depending on where the catfisher found the image, the owner of the image may be able to pursue a copyright violation. Unfortunately, it’s often close to impossible to find the real person from the photo, especially if it’s a photo not publicly available.Impersonation - Impersonating someone isn’t illegal in itself. It becomes illegal when you receive some form of benefit from the impersonation. For instance if pretend to be a police officer and go somewhere you’re not allowed, or you receive an award based purely on your impersonation.Child sex offences - If you catfished someone under a certain age just so you could engage in sexual conversation with them or to receive sexual photos, you can get in serious trouble.Defamation - If you used the real name and photo of a person and then did anything which made them look bad to people who know them, you may be at risk for defamation charges.Fraud - If you catfish someone entirely to get money or goods from them, this may fall into the fraud category.