Huge banking changes.....
Like many months prior, I tried to pay my mortgage online using my debit card.
After several failing attempts, I called customer service.
To my surprise, I can no longer use my debit card for this transaction!
My banking institution and mortgage company are the same company!!!!
that is not unusual, mortgage and bank entities are separated under the main umbrella of the bank. Completely different rules, structures, and accounting... might be different for your bank but not different
These tramsactions impose fees to be paid to visa or mastercard they no longer wish to pay, especially on internal transfers
Yes. But, I have used this process for over 20 years. This just changed for April.
