6 reasons to use wire transfer to collect funds from insurance assignment funds over US mail, Fed-x or ACH?
- The need for speed is everywhere. Wired funds will be received the same day they are sent.
- Cut off times. Wires can be sent up until about 3:45PM from Trinity Funeral Funding
- Banks usually charge the same fees for ACH and Wires, Wires arrive a day earlier.
- UPS and Fed-x take more time. Your check needs to be drafted and packaged; then picked up by Fed-x or UPS. Someone needs to be available to receive the check. The check then needs to be processed and then deposited at your bank. Then there is a time to clear.
- A wire can not be lost or stolen and the bank is responsible for making sure the funds are withdrawn and deposited properly.
- Safety. Wire is the safest way to move money, track money, and follow the money….so you don’t have to chase the $.
As you can see, the benefits of using wire to receive insurance assignment funds far outweigh all other alternatives. Let Trinity verify and fund your insurance assignments, we’ll treat you like family. www.TrinityFuneralFunding.com or call: 201-750-1117
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