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Payment Info

Discussion in 'CPA' started by venividivici, Feb 22, 2013.

  1. venividivici

    venividivici Newbie

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    I need to get paid by my cpa network but I am unable to put in my own bank account information. can we put someone else's information, like my friend's or cousin's account?
     
  2. Furious George

    Furious George Supreme Member Premium Member

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    Probably. I wouldn't do it without their permission. The name on the incoming wire will have your name on it.... I wouldn't do it with someone you don't trust with your hard earned money. Wires are one way only.
     
  3. venividivici

    venividivici Newbie

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    If I change the wire information to my cousin's, would it still have my name on it?
     
  4. Furious George

    Furious George Supreme Member Premium Member

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    It will have your name on the wire, yes.

    But that doesn't mean it's your money when it comes into the bank account. That's up to your "cousin".

    I strongly suggest getting paid by a check, or getting your own bank account.
     
  5. bryanon

    bryanon Executive VIP Premium Member

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    Depends. You are often asked to specify the payee name separately within your Wire Details (for instance, most of my CPA accounts are on my personal name but the Payee is my company), so this would eliminate this problem.

    You will have to make sure that it's this way though because many banks (especially in Europe) tend to reject wires that come in with a wrong recipient name.
     
  6. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP Premium Member

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    Yes you can. I have received several payments via wire transfer in my father's bank account when I was under 18. Now I am 20 and i have my own bank account. *It will be good to ask your AM about this*​.