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ACH Confirmation Small Amounts
The amounts always go in AND out. They are not going to GIVE someone a gift.
Linda


Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone


-------- Original message --------
From: Laurie Frederiksen
To: The Club Cafe

Hi Irina,

In my experience the small amounts get transferred in, but they don't get transferred out again.

Perhaps they were setting up the ability to do transfers both ways?



Laurie Frederiksen
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Not so sure that's a rule. I've had several financial institutions GIVE me a gift.

:)

This actually might be a moot point. In my clubs, members set up automatic bill pay with their banks to send in their monthly payments. In my experience, no "test" transfers are done for those. It's just like having your bank send a check to the broker.

Laurie Frederiksen
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On Wed, Jan 29, 2014 at 3:16 PM, wiltse wrote:
The amounts always go in AND out. They are not going to GIVE someone a gift.
Linda


Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone


-------- Original message --------
From: Laurie Frederiksen
Date:01/29/2014 2:19 PM (GMT-05:00)
To: The Club Cafe
Subject: Re: [club_cafe] Re: ACH Confirmation Small Amounts

Hi Irina,

In my experience the small amounts get transferred in, but they don't get transferred out again.

Perhaps they were setting up the ability to do transfers both ways?



Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
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All the confirmation deposits I have ever had were transferred to me and remained in my account. They were never taken back out of my account. The amounts were very small, somewhere in the less than ten cent range. I agree with Laurie, the bill pay through the bank is the easiest way to accomplish this.

Andy




On Wed, Jan 29, 2014 at 1:56 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Not so sure that's a rule. I've had several financial institutions GIVE me a gift.

:)

This actually might be a moot point. In my clubs, members set up automatic bill pay with their banks to send in their monthly payments. In my experience, no "test" transfers are done for those. It's just like having your bank send a check to the broker.

Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+


Click here to
Subscribe to the Club Cafe email list. Click here to Unsubscribe


On Wed, Jan 29, 2014 at 3:16 PM, wiltse wrote:
The amounts always go in AND out. They are not going to GIVE someone a gift.
Linda


Sent via the Samsung GALAXY S(R)4, an AT&T 4G LTE smartphone


-------- Original message --------
From: Laurie Frederiksen
Date:01/29/2014 2:19 PM (GMT-05:00)
To: The Club Cafe
Subject: Re: [club_cafe] Re: ACH Confirmation Small Amounts

Hi Irina,

In my experience the small amounts get transferred in, but they don't get transferred out again.

Perhaps they were setting up the ability to do transfers both ways?



Laurie Frederiksen
Invest with your friends!
www.bivio.com

Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/bivio
Follow Us on Google+


Click here to
Subscribe to the Club Cafe email list. Click here to Unsubscribe