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Remittance slip example for Banking

remember how I told you that all your bills are prepaid well now I'm going to give you the proof in the law so remember most of your paper bills they have a payment coupon attached to them if there is a perforated Edge attached to it that is a remittance transfer that is the legal name for it look up 15 us code 16930-1 on remittance transfers also references Public Law 106-229 so you know that it's already been coded for us so any bill that you get any statement that you get that has a perforated edge and a payment coupon attached to it it is a remits transfer and this is what you use to cover the cost of the bill and you can send that back to them it is a remittance transfer and they would be in violation of that code if they don't accept it so I just want to start off by saying this video is for educational purposes only this is the story time of how I paid off a parking ticket with the remittance slip now this happened literally the day before I got the information for how to get on the do not detain list my car was parked downtown I was away from it I came back to this ticket now what they did was they sent me a remittance stub here and there's just a couple things that I want to focus on specifically down under pay by mail please return this portion with payment note and citation number on front of check or money order for your convenience if your check is Dishonored or returned for any reason the PVB May electronically debit your account for the amount of the check so if anything happens you're still going to get your credit and look at the green for proper credit please return this portion with the envelope provided it is a remittance dub and you do not want to tear that part off I sent the whole thing together because that top part is a bond so this is what it looks like mostly when it's all filled out there are a few things that I left off because I don't want people to attempt this without the full mileage of the process and yeah that's pretty much it okay number or maybe you want to reference reference nobody else or without [Music] legible no I do create the remittance and then I put the 1040 is it a 1040v is it a 10 40 es form which which 1040 is it to perform or just that just that part with the coupon oh so I'm just putting 1040 directly on the money order all right oh okay I see cool so you guys actually send me proof that it was a bit then yeah do you know how long the it only takes for you to set off to occur you know what I really appreciate all your help thank you so much I just have one more um thing if you could help me with this so spills from these creditors I I would fill it out hypothetically because the same exact way except I would just put the 1040 and then 2012 on the top of it only when I'm doing with IRS discharge them how they prefer to happen [Music] and you guys I was at Chase Bank earlier this morning and I actually recorded the um lady who was there so I have more proof and receipts for you guys just listen how to do this process what is it there like if they were to go into Chase Bank because I'm like I know someone who knows how to do it Aquarius people don't live here so what would it be considered is it like a security deposit isn't that what it is [Applause] a normal deposit so what would they ask for like when you call the last representative last time I was here like what did they tell you because a lot of people have problems with this and I'm like you guys it is a check but they don't for some reason the representatives are like no we can't do that here so I mean the daughter I talked to he's another Bridge manager at a different location um so you're telling me that it's kind of like a classic dance um credit card or something right um so he says you just run it as an office okay yes typically it's like uh a lot of times certainly how it is done it's like it might take anything yeah okay I know a lot of people foreign