Quicken Community is moving to Single Sign On! Starting 1/22/21, you'll sign in to the community with your Quicken ID. For more information: http://bit.ly/CommunitySSO
Using Bill Manager to direct deposit?
Is it possible to use Bill Manager to send an amount of money directly from my bank to someone's personal account at another bank? Instead of sending them a paper check?
Tagged:
1
Comments
Thank you for taking the time to visit the Community to post your question.
At the time, Quicken Bill Manager offers two payment options.
Quick Pay: Send electronic payments to billers (payees) who have online accounts accessible by Quicken. This includes over 11,000 billers.
Check Pay: Send a check to anyone in the United States with an address. The check is sent through a Quicken service. You will no longer need to print or mail checks.
https://www.quicken.com/support/quicken-bill-manager-how-make-payments-using-quick-pay-and-check-pay
Quick Pay requires that the payee have an online biller and Check Pay will be paid via check. At this time, there is no ability to make the type of payment you have described.
I have gone ahead and changed this post to an Idea so that others may vote on adding this feature to Quicken in the future.
Thank you,
-Quicken Tyka
I don't know if any of the Direct Connect banks that work with Billpay from Quicken can do this or not but there is a improvement suggestion regarding it.
https://community.quicken.com/discussion/7878857/quicken-and-zelle
Win10 Deluxe Subscription thru 2021
Thank you for taking the time to visit the Community to post your question, although I apologize that this feature isn't currently offered.
I have moved your post to the ongoing Idea thread to add the ability to make direct payments using Quicken Bill Manager.
Be sure to navigate to the top of this post and click the up arrow to add your vote!
Ideas are reviewed by our development team to see what people would like to be available in the future.
Thank you,
-Quicken Tyka
(Ideas can always be submitted, but this system wouldn't have the capability to do it.)
"Sending a check/Chekc Pay" would be the only way, for now and in the future.
Quick Pay is a "pull transaction" not a "push transaction".
When you use something like Zelle or a ACH transfer (where you use the account number and routing number) these are "push transactions". As in the transaction starts in your bank account, and is "pushed" to the other financial institution/person's account.
Where as "Quicken Pay" works like this. The third party system logs into the "biller's website" and schedules a payment to be "pulled" from your account.
And since their is zero chance that the person you want to send money to has a "biller's website" that the third party system can log into, there is zero chance this "Direct transfer" can happen.