Using Bill Manager to direct deposit?

JADavey

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?

Quicken_Tyka

Hello @JADavey

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

jrich75

Just in case you don't already know, you can do this directly from your bank using Zelle.  It's a free service and many banks already support it.  Both the sender and the receiver have to set up Zelle with their respective banks but once they do, the funds transfers go quickly.

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

JADavey

@jrfaris Hi. Thanks for suggestion of Zelle. It happens that in this particular situation, I can't use Zelle. The receiver is not able to set it up.

Robert Niles

I have another bill payer account though my credit union that allows me to send a payment to an individual's checking account by bank routing number and account number. I schedule the payment for a date and the payment is delivered the next day. If there is a way to do this using Bill Manager, I cant find it. Any suggestions?

Quicken_Tyka

hello @Robert Niles

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

Chris_QPW

It seems to me that if you are making this suggestion you don't know how Quicken Bill Manager works.

(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.