09-18-2017, 12:58 PM
This post is for entertainment and educational purposes only. All rights reserved.
This is why I tried to authenticate the account before using it. This was also a lessor bank, and not the Fed Reserve Bank. It was not at one of the lessor banks on my list.
This is why I am taking the time to call/email these banks asking for verification.
The Fed Reserve Bank can be used as payment, but you get a reversal and the routing number is now blocked by a lot of major companies.
My questions:
- Why would all main Fed Reserve Routing numbers be blocked my big business? They are still active numbers. As long as its not big business, then the Fed Reserve routing numbers still should work for small business. I could enter the routing/acct number to pay my cable bill or maybe utility bill.
- Why on my bill paying app, does it say TOWN SQUARE BANK....instead of FEDERAL RESERVE BANK OF CLEVELAND...?? I'm using the Fed routing #. The other bank has its own routing number.
This is why I tried to authenticate the account before using it. This was also a lessor bank, and not the Fed Reserve Bank. It was not at one of the lessor banks on my list.
This is why I am taking the time to call/email these banks asking for verification.
The Fed Reserve Bank can be used as payment, but you get a reversal and the routing number is now blocked by a lot of major companies.
My questions:
- Why would all main Fed Reserve Routing numbers be blocked my big business? They are still active numbers. As long as its not big business, then the Fed Reserve routing numbers still should work for small business. I could enter the routing/acct number to pay my cable bill or maybe utility bill.
- Why on my bill paying app, does it say TOWN SQUARE BANK....instead of FEDERAL RESERVE BANK OF CLEVELAND...?? I'm using the Fed routing #. The other bank has its own routing number.