RESERVE ORDER DELAY??

I HAD A VERY NICE CHAT WITH DINAR BANKER ABOUT RESERVE ORDERS IF ORDERED BY E-CHECK AND YOU PAY THEM OFF EARLY. THERE WILL BE A 14 DAY HOLD (FROM THE PURCHASE DATE) ON YOUR ACCOUNT NO MATTER IF IT IS PAID OFF EARLY EITHER BY WIRE OR OTHER MEANS. BECAUSE THERE IS A SYSTEM GLITCH THAT WAS SHIPPING ORDERS OUT EARLY. THEY HAVE TO HAVE A PROCESS TO VERIFY THE INTIAL PAYMENT CLEARING. SO IF YOU HAVE RESERVES & WHEN THIS RV'S WITHIN 14 DAYS OF IT'S HOLD OF THE E-CHECK PROCESS & YOU SEND IN THE MONEY REQUIRED TO PAY IT OFF AND YOU ARE EXPECTING IMMEDIATE TURN AROUND. DONT BE EXPECT IT TOO QUICKLY THERE WILL BE DELAYS.

ALSO MONEY ORDER / CERTIFIED FUNDS WILL TAKE 4-7 DAYS TO PROCESS

WIRE TRANSFERS WILL TAKE 4 DAYS TO PROCESS.

FOOD FOR THOUGHT ON RESERVES

THIS INFORMATION WAS FROM THEIR AGENTS ON TWO SEPARATE CHATS WITH THEM (THIS WEEK).

A relative of mine just did a "wire" order through DB. The receiving bank is in Poland, and this didn't sit well in my relatives comfort zone. It took DB 4-days to confirm receipt of the wire. Personally I find DB using a bank in Poland as their receiving bank as odd. If they plan on "cashing people in" and announce they will be using a bank in Poland, how comfortable will I be hearing that? Not at all. One more reason to stick with U.S. Banks..

Go RI/RV..

sandwedge wrote:A relative of mine just did a "wire" order through DB. The receiving bank is in Poland, and this didn't sit well in my relatives comfort zone. It took DB 4-days to confirm receipt of the wire. Personally I find DB using a bank in Poland as their receiving bank as odd. If they plan on "cashing people in" and announce they will be using a bank in Poland, how comfortable will I be hearing that? Not at all. One more reason to stick with U.S. Banks..

Go RI/RV..

It would bother me also, Bank in Poland, makes one wonder why?

There is often talk about protecting our assets etc,offshore banking is a common topic,perhaps DB have taken this route as well

But I have heard Poland in those discussions, but hay, what do I know. I'm gonna put it all in the mattress and not worry about banks anymore, Just take out what I need daily, oh, not pay anymore tax as I will have no income.