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Old 11-08-2005, 08:21 AM  
selena
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Join Date: Aug 2004
Location: On The Edge
Posts: 7,994
Why is this free?

I don't get this.

To take care of local bills that dont' have their own web site, I have signed up for bill pay through my bank's online banking program.

So I just go in, tell them to send the water company a check for this amount, and they do it. I can see that the transfers are not electronic, that they are showing as a cashier's check being issued.

I'm liking it, because I don't have to write a check, pay for checks, pay for postage, or deal with getting it mailed.

But why do they do it?

I can see how it is to their advantage to have customers do as many electronic transfers as possible. I don't see how this saves them money though.
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