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#254201 - 10/08/04 02:33 PM ACH credit to a CD
Kara S Offline
Platinum Poster
Joined: Oct 2002
Posts: 927
Milwaukee, WI
Where can I find information about the rules of ACH credit to a certificate of deposit?

Thank you!
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#254202 - 10/08/04 02:54 PM Re: ACH credit to a CD
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,363
Galveston, TX
Your depositor's contract most likely prohibits additional deposits to a CD. I don't think it would be prohibited, but most banks do not allow ACH to access their CD account base. You don't want someone taking debits - that's for sure
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