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20 February, 19:27

Can you write checks or pay bills directly from a traditional savings account

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  1. 20 February, 19:54
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    No

    Explanation:

    Traditional savings account is created for the purpose of saving and one cannot pay bill from the same account as this could hamper saving goals. So most of the banks do not allow withdrawing from savings account.

    One need to transfer funds from saving account to linked checking account. Once, the amount reaches checking account, the holder of the account can withdraw or pay bills from the same.
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