So I have the Citibank E-savings cause they have the 4.75% right now.(I also have ING, Emmigarnt).
If any of you does online banking, its pretty common knowledge that it takes 2-3 days to move your funds.
But as with ING and Emmigrant, once that 2-3 days are up, if that amount disappeared from my checking, it will show up on their end.
EXAMPLE:
I initiated from Emmigrant to pull $5000 from my Wamu checking account on Jun 1.
Lets say June 3, the $5000 disappeared from Wamu and appeared in Emmigrant on June 3 also
Which brings me to Citibank.
Their view of the 2-3 day process is totally different.
Example:
I initiated from Citibank to pull $5000 from my Wamu checking account on Jun 1.
Lets say June 3, the $5000 disappeared from Wamu but does not appear on my Citibank account.
I got pissed called and talked to the supervisor and he tells me it won't appear until June 5th.....its their 2-3 days process.
Safe to say I was livid.
I have never seen this before.
I thought direct transfer means "if funds disappear from one institution, it need to appear at the other institution"
For example last month with Emmigrant:
I used Emmigrant to pull money from Wamu 3 times and everytime it disappear from Wamu, it showed up in Emmigrant.
Its a farce having money "floating in space"
You know if I had done $50K, 3 days would have meant $20.
I can only spread thew news. I won't be putting any more money in Citibank E-savings.
If any of you does online banking, its pretty common knowledge that it takes 2-3 days to move your funds.
But as with ING and Emmigrant, once that 2-3 days are up, if that amount disappeared from my checking, it will show up on their end.
EXAMPLE:
I initiated from Emmigrant to pull $5000 from my Wamu checking account on Jun 1.
Lets say June 3, the $5000 disappeared from Wamu and appeared in Emmigrant on June 3 also
Which brings me to Citibank.
Their view of the 2-3 day process is totally different.
Example:
I initiated from Citibank to pull $5000 from my Wamu checking account on Jun 1.
Lets say June 3, the $5000 disappeared from Wamu but does not appear on my Citibank account.
I got pissed called and talked to the supervisor and he tells me it won't appear until June 5th.....its their 2-3 days process.
Safe to say I was livid.
I have never seen this before.
I thought direct transfer means "if funds disappear from one institution, it need to appear at the other institution"
For example last month with Emmigrant:
I used Emmigrant to pull money from Wamu 3 times and everytime it disappear from Wamu, it showed up in Emmigrant.
Its a farce having money "floating in space"
You know if I had done $50K, 3 days would have meant $20.
I can only spread thew news. I won't be putting any more money in Citibank E-savings.
