Banking and other transactions? - Fiberglass RV


Reply
 
Thread Tools Search this Thread Display Modes
 
Old 01-20-2015, 05:45 PM   #1
Junior Member
 
Name: William
Trailer: Currently shopping
Texas
Posts: 11
Banking and other transactions?

I'm planning on full-timing within the next couple of years, and I'm wondering how I'll handle bank transactions, etc. Obviously online banking, PayPal, etc. can solve most of the money transfer issues, and I can go paperless on most of my bill payments. But is my bank likely to insist on a physical address. If so, will providing them with a domicile-service address do the trick?

Just curious as to which institutions/creditors/insurers/etc., if any, will absolutely insists on a "for real" home address.
__________________

__________________
ganchan is offline   Reply With Quote
Old 01-20-2015, 05:59 PM   #2
Senior Member
 
honda03842's Avatar
 
Name: Norm and Ginny
Trailer: Scamp 16
Florida
Posts: 7,300
I'm a member of Escapees, see Escapees.com. One of the benefits of membership is a legal address in Texas. Go to Escapees.com to see all the benefits.

They have about 200,000 members, a high percentage fulltimers. It's a significant membership and many businesses provide them with services and discounts. Besides a legal address they can also, for a fee, provide postal services. They have a legal post office and their own zip code. Generally our mail is forwarded to the Escapee post office or sent directly to the Escapee post office. When we want our mail it is sent to a location of our choice, usually to General Delivery to a town of our choice.

As to banking and the like. We've been traveling for 14 years and have used Bank of America. One real benefit is that they are everywhere.

We pay all our bills online through Bank of America. We get very few paper bills.

The Escapees have an excellent forum covering virtually every fulltimer topic.
__________________

__________________
Norm and Ginny

2014 Honda Odyssey
1991 Scamp 16
honda03842 is offline   Reply With Quote
Old 01-20-2015, 06:04 PM   #3
Junior Member
 
Name: William
Trailer: Currently shopping
Texas
Posts: 11
Thanks, I will definitely look into Escapees and other similar associations.

I'm currently with Chase Bank, which is pretty widespread but not quite everywhere (I didn't see any in Albuquerque last time I was there, for example).
__________________
ganchan is offline   Reply With Quote
Old 01-20-2015, 06:08 PM   #4
Senior Member
 
Name: Ken
Trailer: No Trailer Yet
US
Posts: 1,564
Within this video and the links below it are good domicile info
http://youtu.be/e51hLpdR8vA
__________________
Ken C is offline   Reply With Quote
Old 01-20-2015, 06:50 PM   #5
Senior Member
 
Name: bob
Trailer: 1984 u-haul ct13; 1996 Casita 17 Spirit Deluxe; 1946 Modernistic teardrop
New York
Posts: 4,332
As to banking and the like. We've been traveling for 14 years and have used Bank of America. One real benefit is that they are everywhere.


[/QUOTE] (by Norm)

We had Bank of America in our town until a year ago when they sold it out along with several other locations nearby. Put most of my money in another local bank but still have a checking account and credit card with BOA. When we travel we call them and let them know to avoid any issues with our credit card being out of our normal area. Sold my BOA stock last year because of steadily declining value.
__________________
mary and bob is offline   Reply With Quote
Old 01-20-2015, 08:41 PM   #6
Senior Member
 
Name: Ron
Trailer: 2015 Oliver Legacy Elite II - Hull #69
South Carolina
Posts: 356
I have found it useful to have two checking accounts with the large national type banks. I'm using Chase and Bank of America. The secret to avoiding all their fees and hassles is to keep large balances.

With the online features of these accounts, it's easy to pass money back and forth between them. I write very, very few checks each year, as most of my transactions are debit card, automatic draft, or using the bill pay service. But when I've had to use a check, having it on a big bank means easy acceptance - never had a refusal on a BOA check when out of state.

Another thing to consider is instead of needing to find a branch and their ATM's to get cash withdrawals, you can always get "cash back" at grocery stores and Walmart and such places for free when you are shopping with your debit card. Couple hundred dollars at a time is no big deal.
__________________
2015 Oliver Legacy Elite II - Hull #69
Follow my blog - http://www.wincrasher.blogspot.com
Ron Merritt is offline   Reply With Quote
Old 01-21-2015, 08:56 AM   #7
Junior Member
 
Name: Judy
Trailer: scamp
Minnesota
Posts: 22
I don't have a huge amount of cash and I don't pay any extra fees. My bank is a fairly small local one with connections to a natl bank that accepts my atm card without charge. I know how much cash I spend each month and keep that amount handy.

I use checks only for campgrounds and put nearly everything else on my credit card which I can pay online.

Since there is very little paper mail I care about, one of my kids agreed to be my mail drop. As needed, they will send it to general delivery at a post office. I've even had repair work done & sent to general delivery.

For me, biggest problem is getting my vehicle tabs in a timely manner. I've found that returning to my registration state and getting them in person is still easiest.
__________________
JudyG is offline   Reply With Quote
Old 01-21-2015, 12:16 PM   #8
Senior Member
 
honda03842's Avatar
 
Name: Norm and Ginny
Trailer: Scamp 16
Florida
Posts: 7,300
Our first year we used a relative to forward our mail about once a month. After a year we decided bot to do that, considering that being a mail forwarder for now 14 years would be unfair.

As an aside, many of our friends find it necessary to return home for the big holidays. We only did this our first year.

Sometimes I think people go home for the holidays because they feel guilty. We have come to feel that holiday visits are not the best time for togetherness, everyone is too busy, being pulled in multiple directions. Simply there are other more effective ways to visit.
__________________
Norm and Ginny

2014 Honda Odyssey
1991 Scamp 16
honda03842 is offline   Reply With Quote
Old 01-21-2015, 03:03 PM   #9
Senior Member
 
FRED SMAILES's Avatar
 
Name: Fred
Trailer: 13 ft Boler
Kootenay's of BC
Posts: 624
Registry
Quote:
Originally Posted by ganchan View Post
I'm planning on full-timing within the next couple of years, and I'm wondering how I'll handle bank transactions, etc. Obviously online banking, PayPal, etc. can solve most of the money transfer issues, and I can go paperless on most of my bill payments. But is my bank likely to insist on a physical address. If so, will providing them with a domicile-service address do the trick?

Just curious as to which institutions/creditors/insurers/etc., if any, will absolutely insists on a "for real" home address.
Why not talk to our bank?
__________________
FRED SMAILES is offline   Reply With Quote
Old 01-21-2015, 03:17 PM   #10
Senior Member
 
Jon Vermilye's Avatar
 
Name: Jon
Trailer: 2017 Escape 21
Oswego, NY
Posts: 1,407
Registry
My local bank does on line bill paying that works most of the bills I get on line. There are a few organizations that make it difficult - for example, our local hospital insists on a different account number for each bill. Since the on line bill paying uses the account number as part of the identification, I need to start a new account for each bill. Thankfully, they just started a on line bill pay using a credit card.

One thing I've found helpful - if you don't have mail forwarding because you are always on the move (like me) but have someone at home that can open anything that looks important, one solution is to have them photograph the item & email it as an attachment to you. This worked for my SS W2, and my bank interest statements, letting me do my taxes on line.
Jon Vermilye is offline   Reply With Quote
Old 03-24-2015, 02:22 PM   #11
Senior Member
 
Trailer: 2005 16 ft Scamp
Posts: 294
I use a Walmart money card. It works like a visa and my checks can be direct deposited there as well. Walmarts are everywhere and using the ATM in a Walmart is free with this card. You can use it just like a debit card. No fees at all if you have direct deposit or keep $1000 dollars on it. Monthly fee if not, $3. No other fees unless you use an ATM not attached to Walmart, but those fees are unavoidable no matter what bank you use.
__________________
Monica M is offline   Reply With Quote
Old 03-24-2015, 03:20 PM   #12
Senior Member
 
Name: bob
Trailer: 1984 u-haul ct13; 1996 Casita 17 Spirit Deluxe; 1946 Modernistic teardrop
New York
Posts: 4,332
[QUOTE=Monica M; but those fees are unavoidable no matter what bank you use.[/QUOTE]

Our bank reimburses us any ATM fees when we use one that is not theirs.
__________________
mary and bob is offline   Reply With Quote
Old 03-24-2015, 03:27 PM   #13
Senior Member
 
cpaharley2008's Avatar
 
Name: jim
Trailer: 2016 2ndGen Escape19 Prairie Schooner pulled by 2014 Dodge Ram Hemi Sport
Pennsylvania
Posts: 6,398
Registry
Norm,
What state do you register your vehicle and license in?
__________________
Jim
Never in doubt, often wrong
cpaharley2008 is offline   Reply With Quote
Old 03-24-2015, 03:37 PM   #14
Senior Member
 
Trailer: 2005 16 ft Scamp
Posts: 294
Quote:
Originally Posted by mary and bob View Post
Our bank reimburses us any ATM fees when we use one that is not theirs.
Nice!
__________________

__________________
Monica M is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Banking Monica M Fulltiming in a Molded Fiberglass Trailer 9 01-01-2009 02:28 PM
Dogs and other pets Donna D. Oregon Gatherings 4 07-06-2008 06:10 PM
Cushions in a compact junior and other questions Kent I Problem Solving | Owners Helping Owners 11 06-26-2008 09:44 AM
Removing road tar and other stuff ted saxton Care and Feeding of Molded Fiberglass Trailers 6 03-28-2008 11:37 PM
Other FGRV's and trailers McClure General Chat 32 01-19-2008 10:20 AM

» Upcoming Events
No events scheduled in
the next 465 days.
» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 05:02 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.