Scottrade needs to verify my regular bank account that I plan to use to fund my Scottrade account. Upon verification, the investing part of my economic stimulus will finally be realized. And then I will feel validated!
No biggie. TD Ameritrade did the same thing when I opened my Save Yourself account.
But Scottrade gives you the option to let Scottrade go into my bank account with my password and verify the routing #/me immediately. This stopped me in my tracks.
WHAT?
With all the warnings to NEVER give out passwords, I did not feel comfortable with this. TD Ameritrade didn't need a password. Why does Scottrade? So I called Scottrade for the umpteenth time. Mike from the McMurray, Pa., office told me about the alternate verification method which only needs the routing and account numbers. This could take 2-3 days. My security is worth that much.
See, it pays to ask a few (thousand) follow-up questions.
Sphere: Related Content
Friday, June 20, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment