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Non-Tech : Datek Brokerage $9.95 a trade

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To: Peter Stern who wrote (11027)3/22/1999 1:43:00 PM
From: Michael Coley  Read Replies (3) of 16892
 
RE: Problems with Deposits to new Address?

Has anyone had problems with checks sent to the new address? I've been a very happy Datek customer for a couple of years. I've been very impressed by their execution speeds, prices, and margin rates.

Almost two weeks ago, I sent a check to the new address for deposit to my account. I had previously experienced an amazing two-day turnaround from the time I mailed the check to the time it was reflected in my account. This was my first deposit to the new address, though, so I wasn't sure what to expect. After a week, I started getting concerned. I e-mailed and called Datek several times and got a different story from each person I talked to.

This morning, I initiated a trace through the post office. I also sent out another (smaller) check--this time certified mail with a return receipt. If my first check doesn't go through in the next couple days, I'm going to have to put a stop payment on it and re-send it.

Has anyone else had this type of experience with the new address?

- Michael Coley
- bible-reading.com
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