![]() Otherwise, he'll be guided through an easy registration. If he is already registered with Zelle, the funds will go right into his bank account. Tim will then get a text or email saying you sent him money. The money, along with a message, is on its way to Tim. Select Tim from your recipients list or + Add from contacts.Įnter the amount, select the account, add an optional note, and tap Send money. Now, say you want to send $20 to Tim Jones for yesterday's lunch. Now you are set to send and receive money using Zelle in the Bank of America app. When prompted, enter the code to confirm we have your contact information correct. Next, select Add/Edit your Email/Mobile # to add your contact information, and select the account where you want to receive your money. If this is your first time sending money, select Begin Setup to accept the agreement. To get started, open your app, log in, and select Transfer|Send. The Bank of America Mobile Banking app, together with Zelle, lets you securely send or request money to or from almost anyone, no matter where they bank. Ready to give it a try? Then login or enroll in Online Banking. Plus with the Online Banking security guarantee, you can feel safe knowing your payments are protected and secure. And for added convenience, once you set up your payees, you can click the Bill Pay tile in your activity center the next time you want to pay them. You can even set up automatic payments so that payments are made according to the payment schedule you create. ![]() So the next time you’re ready to pay your bills, all you need to do is enter the amount, select a date for payment, and click Make Payments. Once you’ve added the company, it will always show up on your Bill Pay list. If you don’t see the company you’re looking for, you can always add it by entering in the company’s information. From here, you can look for companies by category, company name, or do a search. Then under Pay a Company, choose Browse a list of companies. To add a new company you want to pay, click Add a new Pay-To account. Make sure you have your latest bills handy because you’ll need to enter in your account information. From here you can set up the companies you want to pay. Like your utilities, credit card, or even your phone bill quickly and securely.įirst thing you’ll do, is sign into Online Banking and click Bill Pay. Though the Legislative Analyst’s Office has yet to release its analysis of the projected shortfall’s impact on the state budget - that will come this week - politicians were quick to react.Bank of America’s Online Bill Pay lets you pay your monthly bills. Those factors, combined with home sales that the analysts said have fallen by half in the past couple of years - also due to higher interest rates - have cooled the state’s economy.Īll of that has pushed the state’s unemployment rate up to 4.8%, with the number of unemployed workers climbing nearly 200,000 since the summer of 2022, the office noted. The office also pointed to stock market woes in 2022 as a factor. One of the big effects of that is the number of California companies that went public in 20 declined more than 80% from 2021. They attributed the drop to a slowdown in investment in California companies because of higher borrowing costs due to the Federal Reserve’s repeated interest hikes. “This decline is similar to those seen during the Great Recession and dot-com bust,” the report authors wrote. Total income tax collections fell 25% in 2022-23, the office said, citing data after receipt of tax filings, delayed several months by a deadline extension from both the state and the feds for taxpayers affected by last winter’s storms. Several hundred more tech layoffs jolt Bay Area as brutal 2024 worsensĬalifornia faces a $26 billion revenue shortfall in 2022-23 and a $58 billion shortfall through the 2024-25 fiscal year, the state’s Legislative Analyst’s Office said Friday in an updated forecast.
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