members sending checks for stocks with direct investment
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members sending checks for stocks with direct investment We own BP as a direct investment instead of thru a brokerage account. We normally have one of our members send in a deposit directly to BP. Until this month. We got a letter saying due to the new regs, they cannot accecpt "...personal checks for deposit into business shareowner accounts." That sucks! I have not gotten (yet) a similar letter from the other stocks we have with direct deposit. Is this something others have run into? What have you done about it? Seems this is detrimental to investing! Your thoughts? |
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