How to get share divident direct to bank?
Hi frnd,
At present I get dividends via bank checks. I would like to know how to get share dividend directly to bank. Please also tell me how to register this and what all the things needed to register.
bank best answer:
Answer by Steve
If the dividend you're getting by check is from a company/employer fund/stock shares then you should start with them. first make sure you have your bank account and route info for them =
call them and ask if you may receive your dividend through direct deposit? If it is an annual payment to you then this may not work out, especially if the company or institution issuing the check for shares does have it own credit union or bank division- luckily most can do this for you.
If the shares dividend was from a company that has or offers online banking- then perhaps you can have them deposit into an account for you -if you like the idea of an alternate account-
funny thing is - you can't set up any auto-withdrawl then from that account because no matter how frequent the dividend payment - the tiker price is what will inflate or drop the dividend amount accounting the quarterly reports of business.
hope this helps.
bank
World Bank Group President Jim Yong Kim participates in a discussion on urbanization
Image by World Bank Photo Collection
World Bank Group President Jim Yong Kim participates in a discussion on urbanization issues in Beijing. Photo: Wu Zhiyi / World Bank
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