Brokers requiring Wire Transfer with "To further credits to" memo?

dealmaker · Apr 25, 2019

Times said:
Do you know if Chase or Citi wire transfer with memo is free? or how much is it.

As far as the other people saying send the money without memo and just alert them when sent, Isn't there a chance it gets lost? that would be terrible.

Probably minimum is my money gets tied up and I pay fees for not including the memo.

Such stone age tech, Reminds me of TD ameritrade requiring me to fax my info lol Can't believe this crap. These brokers also ask you to send private documents via open email no encryption, sickening.
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I wire transferred less than a month ago via BofA, not to a trading account and I could not do it myself, charge was $45.

cafeole · Apr 25, 2019

I had to do this last week to fund a broker account. I couldn't figure out how to do it online so I went to the bank and had them do it.

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Brokers requiring Wire Transfer with "To further credits to" memo?

dealmaker

cafeole