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Non-Tech : MB TRADING
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To: Dr. Harvey who wrote (1009)9/6/1998 9:30:00 AM
From: William W. Dwyer, Jr.  Read Replies (1) of 7382
 
I have done a good many bank wire transfers, which is the way I prefer to transfer money between brokers. I really to not trust the U.S. mail. I have never experienced any problems or delays, except that sometimes the broker sending the funds takes longer than they claim to actually do it. Usually, the customer service people mistakenly believe the funds have been sent, but, when pressed, they usually discover that they are, in fact, not yet sent. When doing a wire transfer, it's best to make a few follow-up phone calls and be very sure you give the sending firm the correct information so avoid any mistakes.
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