New video = '96' is the fix

[rob menard]

96 is Your Fix1 - YouTube
PART 1 OF 4
New video concerning using the Remittance they send to discharge demands to pay utility bills and the like.

Enjoy.

[arty2000]

good info ,thanks Rob:)

[relentless]

Good work Rob..
Is the '96' a Canada unique number, I don't have any 96's or 69's on any of my power remittt...?
Have you done this?
What they refuse to supply power to my house, are they obliged to do so?
And a separate question, out of interest, is a mortgage a contract or a bill of exchange, (what we are looking into at the moment is down this line of logic as well)

Be well

[yozhik]

Good work Rob..
Is the '96' a Canada unique number, I don't have any 96's or 69's on any of my power remittt...?
Have you done this?
What they refuse to supply power to my house, are they obliged to do so?
And a separate question, out of interest, is a mortgage a contract or a bill of exchange, (what we are looking into at the moment is down this line of logic as well)

Be well

From what we can deduce, a 'mortgage' is two documents; a contract (the loan) and the deed (where you give them title to your property).

The contract seems relatively straight forward - your signature being the negotiable instrument, which they monetise and exchange into 'money' for you ...

The deed seems to be a strange beast, where you sign over title to the bank, but recieve nothing in return. However, being deed, it requires no consideration and is not bound by the rules of contract.


Now, in NZ, something similar to a '96' does exist.
I remember it from my deep, dark past in the bank.
It's the bank code.

Most common ones are '00' and '50' ... simple debits and credits ...
You'll see these in your cheque book, after your account number.
A cheque will have the account number, followed by '00'.
A cheque account deposit slip will have your account number, followed by '50'.

I suspect this is where it might be found.


EDIT:
Oh ... and great vids, Rob!

[relentless]

Cheers yozhik,

From what we can deduce, a 'mortgage' is two documents; a contract (the loan) and the deed (where you give them title to your property).



The contract seems relatively straight forward - your signature being the negotiable instrument, which they monetise and exchange into 'money' for you ...


The deed seems to be a strange beast, where you sign over title to the bank, but recieve nothing in return. However, being deed, it requires no consideration and is not bound by the rules of contract.


Now, in NZ, something similar to a '96' does exist.
I remember it from my deep, dark past in the bank.
It's the bank code.


Most common ones are '00' and '50' ... simple debits and credits ...
You'll see these in your cheque book, after your account number.
A cheque will have the account number, followed by '00'.
A cheque account deposit slip will have your account number, followed by '50'.

I suspect this is where it might be found.


EDIT:
Oh ... and great vids, Rob!

Questions,
Would you say there is a "loan agreement" and a "mortgage"
- contract & exchange instrument ?

If "you" sign an agreement stating "We agree to loan X$......" who is lending to who?

Deep, dark past..... ;) Well on my phone statement there is a bank code type series at the bottom sort of like on a cheque.. the last digits being the value of the statement......

[yozhik]

Well on my phone statement there is a bank code type series at the bottom sort of like on a cheque.. the last digits being the value of the statement......

on the bottom of a NZ cheque [from memory] there is a series of numbers that look similar to;

987654 ..... 020800 .. 00123456 02 ...... 00 ........ XXXXXX


987654 ... individual cheque number
020800 ... bank code and branch indicator [BNZ Auckland?]
00123456 ... account number
02 ... account type [cheque account]
00 ... transaction type [cheque/withdrawal]

If you have numbers in the position of the XXXXXX, this denotes the amount/value of the item and is usually done AFTER bank processing.

So if Joe Bloggs goes into his bank branch to deposit a cheque from Bob Smith into his personal account, the cheque from B Smith and the deposit slip into J Blogg's account have a blank section where the XXXXXX is.

The teller then takes both the cheque [B Smith] and the deposit slip [J Bloggs] and electronically enters them into the system. The physical vouchers are then sent to the batching room of the bank where those numbers are entered and the value [XXXXXX] is placed onto the vouchers themselves.

The XXXXXX occurs POST processing.
So if the numbers exist on the form, it is further evidence that the voucher has already been processed. :)

... which now makes me think that the value already being entered onto the 'deposit slip' [giro] of the credit card 'statement' is further proof that it is a processed document simply requiring your acceptance as value and correct accounting instructions.

[sindakit]

just had a look at some CC "bills" with giro slips attached and seems to be that 73 is the code after the numbers for the UK (also there's a 73 in a box with 'Trans Code'), but maybe this is just my banks code, Clydsedale bank. Can anyone confirm this is the same for other banks?

[truthinlove]

i'm from the states and '96' definitely applies to Canadians only. i looked at my mortgage and my internet bill and the only numbers i see matching are '558' amongst a slew of other numbers.

does anyone here know the remittance code for the US, and if this method is relevant and effective?

[yozhik]

just had a look at some CC "bills" with giro slips attached and seems to be that 73 is the code after the numbers for the UK (also there's a 73 in a box with 'Trans Code'), but maybe this is just my banks code, Clydsedale bank. Can anyone confirm this is the same for other banks?

Both MBNA and Halifax credit cards have '73' on their Giro slips.

[droplicity]

Both MBNA and Halifax credit cards have '73' on their Giro slips.

I am in England and my gold visa barclaycard bank giro credit voucher also has a 73 as the number furthest to the right under the line that says: Please do not write or mark below this line, or fold this voucher

The Anglian water bill voucher has a 91 at the same position.

[andyh]

So if this applies in other countries we need to look for matching numbers?

[rob menard]

I would look for evidence that it is a remittance. Find the Act. Do a word search. Find the code they use, match it.

Rob

[makeithappen]

73 on my credit card...

[makeithappen]

http://i435.photobucket.com/albums/qq76/makeithappen/remittance_slip.jpg

Following last nights radio show on TNSRADIO i wanted to share this. 73 looks to be the common number on most banking and utility bank giros but not all of you guys and girls will have one of these. Thanks to my lazy ass, I did not pay my VAT bill on time! So HMRC was kind enough to remind me and send me a NOTICE and attached to the bottom a Remittance Slip.

Only 2 numbers are outside "four corners" The Assessed amount.
and
LO 062
Does this mean anything at all, will this all lead to a dead end? To be honest I care not as this is the kind of stuff that is just excites me! It is far more rewarding that watching the TV! Lets see what we find.
MIH

[makeithappen]

OK. On a mission with this one! Starting with 73.

Source > http://www.paymentscouncil.org.uk/files/payments_council_psrs_guidance_oct_09.pdf I added anything in []'s

Best practice guidance:
The definition and relevance of “business day” is important to the requirements
of Regulation 73 as it dictates when the amount of the transaction must be
credited and made available to the PSU. [PSU – Payment Service User]
Therefore, this means that:
1) In requiring the payee’s PSP [PSP – Payment Service Provider] to put the amount of a payment transaction at
the payee’s disposal ‘immediately’, there is a presumption that the credit to
the payee’s PSP’s account has happened on a business day for that PSP.
2) Consequently, if the credit to the payee’s PSP’s account was on a
non-business day, the requirement is that the funds should be credited and
made available to the payee no later than the following business day.
‘Immediately’ in the context of the Regulations refers to the point at which the
payee’s PSP has all the information necessary to credit the amount on the
payee’s amount. This is in line with the Commission’s response to its FAQ 208 on
this issue.


************************************
So I ask? What do you think?

[jayen4]

What video/s ?? Where's the link,please ?? I like to watch Robs stuff. :)

[sindakit]

just type '96 is your fix' in youtube or subscribe to mrmitee and watch them their. the video was here but its gone now :(

[platform7]

As an added one the basic account from Co--Operative has tran code 77

I wonder if this has anything to do with ucc codes? I could be very wrong just throwing a question in :rolleyes:

[1776]

I would look for evidence that it is a remittance. Find the Act. Do a word search. Find the code they use, match it.

Rob

Thanks so much, Rob.

This video was very, very logical and helpful! I learned a lot from it.

[spoonogsback]

The 96 is your fix seem to apply only to corporations that actually use or consume part of the natural resources from the land...... in Ireland for Example the number 89 appears on all bills for utilities such as ESB (electricity) Gas bills, and Eircom (phone bills) So in Ireland it looks like 89 ( is just in time !....lol) ;)

[yozhik]

96 is the fix
89 means its mine

:)

[girlgye]

96 is the fix
89 means its mine

:)

So you Irish yozza?

[burnttoast]

I would look for evidence that it is a remittance. Find the Act. Do a word search. Find the code they use, match it.

Rob

While your quite right in your description of 96 being a Credit Item Identifier....I would think a bit of caution using acceptance for Utilities in this regard without proper understanding of Administrative Process could get one into a whole heap of trouble......while it's valid (96), there's more to the jam scenario than meets the eye..The voucher is the credit to discharge the liability (the pretend BILL) it comes with.....One might have to Accept said (Liability), register it and authorise and endorse voucher in order to produce setoff or discharge.

I've done this with my Tax Notice 5 months ago.....haven't heard back since. To be honest why would I?....I have a firm grasp of the concepts and my statement with my voucher (The BILL aka reciept aka Title) clearly showed how to set off said liability with the lovely remedy (Remittance) they sent me.....

I'd advise others to study more before applying this knowledge especially with utilities....or you may be left in the dark.....literally.

Note: Use of registration of said docs...are essential in making your remedy acceptance stick....the foundations of Private and Public records are PARAMOUNT!!!

Peace

[relentless]

Note: Use of registration of said docs...are essential in making your remedy acceptance stick....the foundations of Private and Public records are PARAMOUNT!!!

Peace

Hi Burnttoast, what do you mean by "registration" and "public and private records"

Cheerz

[burnttoast]

Hi Burnttoast, what do you mean by "registration" and "public and private records"

Cheerz

Registration (Postal)....a record from PRIVATE to PUBLIC or PRIVATE To PRIVATE. Can it also be used as a Passage of Title?!?!
Think about the situation arising from going to a grocery store to purchase a can of beans, you pay with your debt note (cash) and get what? A receipt (title) from the Clerk from a cash (REGISTER)...your receipt is the title to your can of beans on record....

Much the same goes on when returning the RECIEPT via Registered Mail to the Sender to accept liability for discharge for use with the Remittance!!!!...my understanding is CONTRACT LAW overrides all...except the LAW of that which is the CREATOR, however the essence of which is subrogate to it.

Peace

[girlgye]

Much the same goes on when returning the RECIEPT via Registered Mail to the Sender to accept liability for discharge for use with the Remittance!!!!...my understanding is CONTRACT LAW overrides all...except the LAW of that which is the CREATOR, however the essence of which is subrogate to it.

Peace

:confused:Thanks burnt toast thats really clear.

[the worm that turned]

:confused:Thanks burnt toast thats really clear.

ditto

[burnttoast]

:confused:Thanks burnt toast thats really clear.

Reciept - The Title to what most call a bill
Remittance - the voucher used for discharge and/or setoff.

Register (Via the post and mail) the reciept (Bill using the term lightly aka Notice) and accept it and Return for Value.

Authourise remmitance (Sign, not the same thing but for this demo will do) and Endorse on back of Remittance with the account it's meant to credit....

As hinted at before, the process needs to be studied a bit more or headaches will ensue.

Much the same goes on when returning the RECIEPT via Registered Mail to the Sender to accept liability for discharge for use with the Remittance!!!!...my understanding is CONTRACT LAW overrides all...except the LAW of that which is the CREATOR, however the essence of which is subrogate to it.


Everything is an offer in the Corporate Courts and in the Land of the Dead known as Society. It's all contract....LAW = CONTRACT, CONTRACT = LAW, If we all followed the 10 suggestions (commandments) we wouldn't need the fake ones by man to control....hence the Creators Law (GOD)...doesn't matter what the views are on this issue of faith....this is how it's played out in the courts.


Peace