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[personal profile] susandennis
So.... Today I log on to Ameritrade to see how everything is going and I discover that the money I had transferred was now debited from my Ameritrade account with a nice note saying it was rejected.

Their test transaction went through fine. But, when we're talking real money, apparently, they are a little hesitant to commit.

So I called Ameritrade to learn that it was the credit union's fault and I'd better get them their money pronto or they will sell my stocks. (This was after I waited on hold listening to some yahoo tell me how easy and wonderful and rewarding electronic funds transfer is.)

So I called the credit union to learn that my account number was incomplete - curious since the test went without a hitch with the same 'incomplete' account number. I asked the credit union about how I could get the money to Ameritrade now and they said my only option was to wire it. This would cost me $10, involve at least 2 faxes and a laundry list of other requirements.

I opted to start all over again. I set up a new eletronic trade thingie at Ameritrade. They will do another test. I will try once more to transfer money to pay for the stocks I already bought.

They might well sell my stocks and close my account before the money gets there. If they do, I'll raise hell about their testing process and probably get nowhere. What. Ever. The whole adventure is losing it's glow as far as I'm concerned.

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Susan Dennis

January 2026

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