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Any way to send money as a one-shot deal?
Posted by: PeterB
Date: November 13, 2020 11:58PM
Hi everyone,

I have a brother who wants to send me a good amount of money as a gift, but there are concerns about sending a check through the mail ... recently, down here, there's been a rash of mailed envelopes containing checks where the checks are getting deposited by someone other than the recipient (either the envelopes are getting opened by postal workers or people are getting ahold of the envelopes somehow-- I think they're rifling through peoples' mailboxes).

So, I'm thinking he could send me the money electronically rather than through the mail, but... here's the thing... this particular sibling is non-tech savvy and also highly judgment-impaired due to some disabilities, and so my mother is firmly against him having a PayPal, Venmo, or anything set up in such a way that he could be sending money to random people.

Can anyone think of a solution to this? (One idea I've had, I'm wondering if there's any way we could set up PayPal such that, for any transaction to actually go through, it would have to be first approved by a third-party, either myself or my mother...)

TiA




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Re: Any way to send money as a one-shot deal?
Posted by: btfc
Date: November 14, 2020 12:08AM
[www.westernunion.com]
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Re: Any way to send money as a one-shot deal?
Posted by: GGD
Date: November 14, 2020 12:09AM
Is there a branch of your bank in his area? If you give him your account number he may be able to deposit a check into your account at a teller window. I've done that in past years, not sure if anything has changed to prevent it, either banking rules, or COVID restrictions for teller access.
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Re: Any way to send money as a one-shot deal?
Posted by: Gareth
Date: November 14, 2020 12:10AM
Depending on the amount, why not just a wire transfer? Depending on your banks, there could be fees involved however, so it may not be worth it, which is why it may only be worth it at a certain point. Or, can one of your accounts be set up as an electronic transfer account in his online banking?
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Re: Any way to send money as a one-shot deal?
Posted by: RgrF
Date: November 14, 2020 12:50AM
...or you could just FedEx the sh! t to him directly with a return packet enclosed.

gears smiley
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Re: Any way to send money as a one-shot deal?
Posted by: PizzaGod
Date: November 14, 2020 05:20AM
I'd go FedEx too, that just seems the easiest way to go.
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Re: Any way to send money as a one-shot deal?
Posted by: Ombligo
Date: November 14, 2020 05:41AM
The deposit method works if your bank is in his area. Have him write the check to you as normal. Then endorse the back with your name and account info, fill out a deposit slip and go to the drive-through. It has to be a check as most banks are now asking for ID to deposit cash.

No branch?
Go to Wal-mart. They have both Wal-Mart to Wal-Mart (you have to go in to pick it up) and Moneygram. With Moneygram, you can go to a multitude of places and banks to pick it up. The same is true with Western Union.

You can also use the Moneygram app or web-site to send directly to your bank account, but that does require creating an account.



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-- François de La Rochefoucauld

Growing older is mandatory. Growing up is optional.
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Re: Any way to send money as a one-shot deal?
Posted by: space-time
Date: November 14, 2020 07:57AM
have him iMessage you images of the check and you can deposit it electronically
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Re: Any way to send money as a one-shot deal?
Posted by: NewtonMP2100
Date: November 14, 2020 08:06AM
....does your bank have branch near him.....??


.....as long as he has your account #, he can just go to teller and deposit into your account.....write the check out to 'cash' and he can deposit directly into your bank account.....



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Re: Any way to send money as a one-shot deal?
Posted by: sekker
Date: November 14, 2020 08:12AM
Quote
space-time
have him iMessage you images of the check and you can deposit it electronically

I would try this first. Works great with my Wells Fargo accounts.
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Re: Any way to send money as a one-shot deal?
Posted by: space-time
Date: November 14, 2020 08:35AM
Quote
sekker
Quote
space-time
have him iMessage you images of the check and you can deposit it electronically

I would try this first. Works great with my Wells Fargo accounts.

I remember scanning and uploading checks from my computer to capital one via the browsers. I just looked and that feature is no longer available, you need to use their mobile App. Also bank of America, wants you to use the App, I cannot find an option to scan and upload an image from computer. Not sure if they ever supported that.

Anyway, he could send money from his bank via Zelle. You don't need an account for that, and I think there is little his Mom can do to prevent him from sending money to random people, if he has online banking.

The best thing for him is to NOT have online banking.

Maybe.
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Re: Any way to send money as a one-shot deal?
Posted by: PeterB
Date: November 14, 2020 09:00AM
Thanks everyone for ideas.

He's not very tech-savvy, and so does not have an iPhone. (In fact he's been looking for a new phone, because his flip phone has been malfunctioning, but my mom and I don't necessarily want him having an iPhone because we'd have to worry about him using apps, etc.) Otherwise, the iMessage idea would have been a good one.

Also, space-time is correct that it's probably NOT a good idea for him to have online banking, a PayPal, etc. That's why I was asking for low (or lower-) tech solutions to this. The less he has to do, the better, so I'm currently thinking wire transfer is the way to go... I've got his account numbers and obviously I have my own, so if I can do the whole thing myself without his having to lift a finger, that would be the best thing.




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Re: Any way to send money as a one-shot deal?
Posted by: space-time
Date: November 14, 2020 09:23AM
you CANNOT take money from his account even if you know his account number. If you could do that, anyone could take Money from your account every time you write a check.

Even if you link his account to your account to be able to transfer money (back and forth), he still needs to log in or call his bank to see the 2 small deposits required for confirmation. maybe that is the best way to do it, you link his account to your bank, he tells you the small deposits, you confirm his account, and then you can make transfers.
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Re: Any way to send money as a one-shot deal?
Posted by: PeterB
Date: November 14, 2020 09:56AM
Quote
space-time
you CANNOT take money from his account even if you know his account number. If you could do that, anyone could take Money from your account every time you write a check.

Even if you link his account to your account to be able to transfer money (back and forth), he still needs to log in or call his bank to see the 2 small deposits required for confirmation. maybe that is the best way to do it, you link his account to your bank, he tells you the small deposits, you confirm his account, and then you can make transfers.

Yes, of course, that's what I was thinking... again, if there's a simpler way to do this, I'm open to suggestions.




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Re: Any way to send money as a one-shot deal?
Posted by: deckeda
Date: November 14, 2020 10:09AM
If his bank is national, you could open an account if you have a local one. He could do the deposit that way. His bank will be able to verify its you he’s giving the money to.
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Re: Any way to send money as a one-shot deal?
Posted by: deckeda
Date: November 14, 2020 10:12AM
Have him mail it Certified or Registered Mail, or one of the FedEx or UPS options that require a signature. You’re NOT going to have random people sniffing around any of those options.
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Re: Any way to send money as a one-shot deal?
Posted by: d4
Date: November 14, 2020 11:26AM
Quote
deckeda
Have him mail it Certified or Registered Mail, or one of the FedEx or UPS options that require a signature. You’re NOT going to have random people sniffing around any of those options.

Yeah. Just go to the post office with the check in an envelope (unstamped) and have the clerk walk him through it at the counter. You can even buy a postal money order there.



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Re: Any way to send money as a one-shot deal?
Posted by: RgrF
Date: November 14, 2020 11:44AM
Quote
d4
Quote
deckeda
Have him mail it Certified or Registered Mail, or one of the FedEx or UPS options that require a signature. You’re NOT going to have random people sniffing around any of those options.

Yeah. Just go to the post office with the check in an envelope (unstamped) and have the clerk walk him through it at the counter. You can even buy a postal money order there.

Bring the mask and gloves.
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Re: Any way to send money as a one-shot deal?
Posted by: vision63
Date: November 14, 2020 12:23PM
Chase charges you money to put money into someone else's account. Talk about griftin'.

Now, their bank has a service called Zelle that might be trusted, because it's embedded in the bank itself.
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Re: Any way to send money as a one-shot deal?
Posted by: space-time
Date: November 14, 2020 01:33PM
it is so hard to get money, isn't it?
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Re: Any way to send money as a one-shot deal?
Posted by: PeterB
Date: November 14, 2020 02:22PM
Hmmm... you all are giving me some good ideas. I hadn't thought about the certified/registered mail idea, and that might appeal to him because he's obviously old-school. On the other hand, he's also high-risk and I'm not sure I like the idea of him having to go to the PO.




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Re: Any way to send money as a one-shot deal?
Posted by: Janit
Date: November 14, 2020 04:34PM
Identify a bank that has a branch both where you live and where he lives. Open a bare-bones account for yourself and send him a deposit slip so he can deposit a check in your account from the branch near him.
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Re: Any way to send money as a one-shot deal?
Posted by: space-time
Date: November 14, 2020 04:56PM
PM his name and address and I will facilitate the transaction
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Re: Any way to send money as a one-shot deal?
Posted by: Robert M
Date: November 15, 2020 07:35AM
PeterB,

Have your brother give the money to someone who can paypal/Zelle/otherwise electronically transfer the money to you. Your mom is the first person to come to mind. Problem solved.

Robert
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