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Crossed a line with my boss
How are these 2 different from end user and Broker perspective? Morgan Stanley charges $0 for Electronic while $25 for International Wire.
2-3 days to hit your account vs. 1 day
Not necessarily true. MS's ACH transfers are overnight. Wire transfers clear through the federal reserve and are federally guaranteed & generally irreversible. ACH transfers can be recalled and is just a bank to bank transfer.
2-3 days to hit your account vs. 1 day
Not necessarily true. MS's ACH transfers are overnight. Wire transfers clear through the federal reserve and are federally guaranteed & generally irreversible. ACH transfers can be recalled and is just a bank to bank transfer.