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A wire on the 13th lands on the 13th.
by breck 4y ago
A wire on the 13th lands on the 13th.
- gfsdgsfgfds 4y agoMy personal bank is Bank of America. I paid the $30 to do "1 business day" I read that as if I did it on Monday it would land Tuesday. Gusto was saying it had to be funded by Monday. Perhaps it would have worked out fine that funds would be unlocked on Monday and Gusto would have been fine with wire initiated on Monday, but this was Friday and everything seemed on fire. FWIW, Just looked at the screenshot of the wire completion and it does say "Same day". But I did it at after 8pm. Anyway, I felt I did the safest thing to keep the staff from freaking out and for me not to be too stressed through the weekend. I'll have enough headaches moving banks the next two weeks to also be worried about payroll.
- kfrzcode 4y agoA wire can commonly take up to two days; just FYSA. https://www.investopedia.com/terms/w/wiretransfer.asp https://www.investopedia.com/terms/w/wiretransfer.asp
- breck 4y agoGot it. So you are unfamiliar with the wire system. Most people are. I actually don't have anything good to say about it. (Sidenote: 24/7 crypto is far better, but crypto is still a bit of a wild west so I don't recommend for people who aren't comfortable being early adopters) You are learning a lot and sounds like you figured out a way to not have your employees see any hiccup. Well done. Thank you for replying and providing more info. Nowadays one must assume ChatGPT bot/shill when talking to a new account.
- dboreham 4y agoAn actual "wire" transfer yes, but op may have meant ACH.