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Personal Finance Topics / Macroeconomic Trends and Risks❤
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Author: richinmd   😊 😞
Number: of 555 
Subject: Re: Use Zelle for Money Transfers?
Date: 08/25/2024 10:56 AM
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I've always been leery of companies like Zelle as well as auto withdrawals from my accounts. I've dealt with some people who wanted me to use them but I would either find someone else, pay them in cash or a check or via bill payments.

Unfortunately it is due to all of the fraud that makes transferring your own money so difficult at times. I know when I was moving money around for items such as buying a house there were several halts on payments until I provided additional information or had to call in and talk to someone.

Why is there even a need for Zelle? Couldn't the banks themselves do transfers?
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