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Author: Stebalo One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4956  
Subject: no one else get this? Date: 11/13/2002 2:41 PM
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I am surprised I have not read about this on here.

I rarely log into the account that catches my B&H email, maybe only every other month recently. But I logged in today to find this mail fron B&H that I received yesterday

"Dear so and so:

Thank you for using BUYandHOLD to help you achieve your
investment goals.

We regret to inform you that your E-ZVest purchase did not
occur as scheduled because your BUYandHOLD Instant Deposit
is currently invalid.

To resolve this issue, please login to your account to
update your BUYandHOLD Instant Deposit information or
contact our Customer Service Department at 1-800-646-8212,
Monday through Friday, 9:00am to 4:30pm, Eastern Time or
via e-mail at service@buyandhold.com.


Sincerely,

BUYandHOLD, a Division of Freedom Investments


BUYandHOLD c/o Freedom Investments, Inc.
375 Raritan Center Parkway
Edison, NJ 08837"




Of course I was immediately worried that I was overdrafted but scrollingn back through the email, I found this message that I had received exactly 17 days before.


"Dear so and so:

Thank you for using BUYandHOLD to help you achieve your
investment goals and for setting up BUYandHOLD Instant
Deposit, a link from your personal bank account to your
BUYandHOLD account.

In order for your BUYandHOLD Instant Deposit to remain in
effect, we must receive a signed Instant Deposit
Authorization Form from you. If we do not receive the form
within 20 days, your BUYandHOLD Instant Deposit will be
restricted until the form is received.

If you would like to maintain your BUYandHOLD Instant
Deposit but don't have a copy of the form, simply login to
your BUYandHOLD account, click on "Print" under "Click
to
Print BUYandHOLD Instant Deposit" next to the appropriate
account. Please sign the form and mail it to the address
below.

If you have any questions, please feel free to contact
our Customer Service Department at 1-800-646-8212, Monday
through Friday, 9:00am to 4:30pm Eastern Time, or via
e-mail at service@buyandhold.com.


Sincerely,

BUYandHOLD, a Division of Freedom Investments


BUYandHOLD c/o Freedom Investments, Inc.
375 Raritan Center Parkway
Edison, NJ 08837"



I dont' understand why I received the upper invalid message on a Tuesday since my weekly ez-vest goes through on Wednesdays. And only 17 days after the request was made. I've been doing E-ZVest instant deposit from the checking account in question for over 1.5 years. That was one reason I switched over from Ameritrade. I hated having to send a check in every time I wanted to buy stock.

I'm not bitching however it caught me by surprise. I don't recall ever seeing mention of it in here.


-Stebalo

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