One thing the lock down has done in our financial world …. many working remote and from a non-office location ?
Fraudsters are circling the boat!
Fraud Reminder When Wiring to New Linked Accounts
Financial institutions, present parties included … have been forced to take extra precautions when sending money … ESPECIALLY non like titled accounts – What?
A non-like titled account is any account that does not EXACTLY match your current account title – i.e. Seller of home, child, relative, entity such as LLC, Corporate/Business account, spouse with a different name –
Anything not exactly matching is going to take time to set up due to the Fraudsters sharking around !
Just be patient and certainly give yourself extra extra time to make the transaction…. much better safe than sorry!
Ahhhhhhh (that was an extra long one) today is a Friday – Have a Great Friday and SUPER weekend!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth