club_cafe: Wiithdrawal Breakdown

iras1 on

In a message dated 1/18/2007 10:43:36 A.M. Eastern Standard Time, williamsbj@bivio.com writes:

I'm in the process of evaluating bivio and myiclub for our
clubs online accounting. One neat feature that I like on
myiclub that I can't seem to find on bivio is a detail
report on a particular members withdrawal including
gain/loss etc.

Any idea if this type of report exist??

Sure. On the Reports page, at the bottom, there's a link to withdrawal reports.

Ira Smilovitz

Carol Papke on

We have a member withdrawing next month. Three questions:

1. I understand that we can transfer stock with the signature of one club
member, does that member need to have a medallion signature guarantee? If
so, does that come from our broker?

2. The withdrawing member has an account with a different broker than the
one the club uses. How difficult would it be to transfer stock to her
existing account? Or should the club require her to open an account with
the club's broker?

3. About how long will it take for the stock to transfer after the broker
has received notification? (We use TD Ameritrade.)

Thank you,
Carol Papke

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