Can your job legally force you to use their bank?

Reviving this old topic to ask: Can a job make you get a new account? I have an email saying “oh, by the way, we can only make payments through XYZ banks, so if you don’t have one then go open an account”.

I know it’s common to have multiple accounts, and I know that it’s also very common for companies to say this. Is this legal/enforceable? Is it even true that they are unable to process payments to other banks?

I don’t like having multiple accounts, I don’t want another bank account, and opening a new account isn’t nothing - we’re talking about a lot of time and documents and annoyance.
I am partly asking if this is legal, but I guess I am more asking how to tactfully get out of this.

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Businesses here seem to think this is their god given right.

It would amusing, to say the least, if this annoying practice turned out to be unlawful.

Guy

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Pretty sure you can refuse, I have twice now. However those absolute penny pinching cheapskates will make you pay the transfer fee. Lucky that’s never been more than 15nt.

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You can refuse. If you’re not at risk of being replaced, just refuse. They can write a check. And they probably will deduct the fees for written checks, but it’s easy.

Most people bend over and just take it. Especially in small business. Anyone actually doing real shit won’t give 2 fuggs about a 10nt transfer fee on their invoice. If they do, the business is clearly suffering. Read the signs, act accordingly.

Not useful for teaching, but as an aside, any b2b type transaction the buyer pays all fees on top of the actual commodity price. SOP.