MemberAugust 27, 2021 at 11:45 pm
I had this happen during the last stock offering. I thought that a cashiers check would be best, and I didn’t want to send a personal check Fedex or in the mail. But I got the checks returned with a letter saying that the funds were not traceable, or something like that. I believe that it’s a restriction for these kinds of investments to avoid money laundering. I resent the payment with a bank transfer and it worked fine. I did two more stock purchases this round. 1st with a credit card, and second with an ACH money transfer and the 1st payment went through fine and I got a confirmation, but the second purchase is still processing. I agree that they should add a note that cashier checks are not accepted, under the Pay by Check section.