Wednesday, July 04, 2018

Bank Transfer to businesses

I suggest that a directory of companies and their bank accounts be published. This will allow the public to pay these companies by bank transfer to their bank account, instead of writing a cheque.

Most companies do not provide the bank account in their invoices. They can register their bank account is this directory.

For example, if I receive an invoice from a company called ABC Ltd, I can search the directory for their bank account and make a bank transfer to that account - instead of writing a cheque.

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