Has a library ever asked for your account an routing number?

[RustyP]

Hi folks,
I’m beginning a relationship with a “new to me” library. They’re also relatively new. I won’t mention the name because I don’t want to cast them in a bad light.

they’ve asked me for a routing and account number for payments. It seems like there would be easier and less potentially problematic ways to pay.
Would this concern you, have you come across this before?

Of course my employer has these details, and ASCAP does, and other well known and huge organizations. but this library seems pretty small.

Should I find others to work with?

Thanks!
Rusty

[Art Munson]

hey’ve asked me for a routing and account number for payments. It seems like there would be easier and less potentially problematic ways to pay.
Would this concern you,

Yes, that would concern me on a new, small, company.

[MM_Musicworks]

I submitted my bank info to a library I just joined… however, they seem to be a well established, large player.

[RustyP]

Well, I took the advice of a person I consider to be a straight shooter, and he reminded me that any check I hand over has all of that very same information on it.

So I preyed for the best and filled out the docs.

We’ll see how it goes.

🙂

[jhewitt79]

I would not be concerned.

[Dreamuse]

I’ve had autodeposit with several libraries, but the’ve asked me ahead of time if I wanted check or autodep.

[Mark_Petrie]

Yes, it’s part of the required details for sending you money via ACH or wire transfer. Make sure you give them the electronic routing number – not the physical check one (big banks often have two different ones).

[RustyP]

Yes @Mark_Petrie, I totally get that, but I believe this was the first one which asked me for the info for ACH transfers.
Previously it’s been Paypal.

[Alan]

RustyP, I also think you are completely safe. IMO this library doesn’t want to give the billionaires a cut of the profits. I wish every library paid by ACH.

[Author]

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