Bank Transfer Payments

Members:

Great meeting last night!  I expect those who attended learned much about contracts and liability.  I did.

I had sent out a notice suggesting you hold off on payment through our new KeyBank CashFlow invoicing system so I could run down some concerns.  There were some administrative startup issues that are being resolved. But my biggest concern was that I found out that invoiced members were being marketed to buy Bill.com financial services after they set up their accounts to enable transfer of funds from there account directly to STAHI’s.  I had not been advised that this would happen and I wanted to make sure that I understood any member exposures as best I could before I gave the go-ahead.  Bottom line is that members who do not wish to establish subscription financial services with Bill.com, that are offered when a payment account is opened, should be careful not to select any option to enable those services. Otherwise, there should be no charges or fees to establish your payment transfer account or to use it anytime you get an invoice from STAHI.  Members are encouraged to read the related Term & Conditions to establish their payment account.  Confirmation of your reading and understanding those is required when you set up your payment transfer account and those are your contract with Bill.com.  Once your account is established, the other services become available through that account if you select them and they are addressed in the initial Term & Conditions. 

I was not pleased that this promotion by Bill.com would be part of what had been represented as a straightforward invoicing and payment transfer system. But that is how most are doing business these days and I guess it’s something we have to put up with. In any case, if you wish, you can go ahead and set up an account and pay your invoice that way through the secure payment transaction system.  Otherwise, you may send your dues by check, postmarked no later than January 31, 2023, to STAHI, PO Box 5909, Endicott, NY 13763.

Be careful out there!


Larry


Lawrence C. Ames, Proprietor

Ames Inspection Services

NYS Licensed Home Inspector, #16000075469

President, Southern Tier Association of Home Inspectors (2017-2018, 2019-2020, 2021-2022)

Board Member, New York Association of Home Inspectors

607-766-1830

Member New York State Association of Home Inspectors 

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