To download this file in your computer 'download' folder,
please click on
"Wire Process"
Wiring Process
This process has the objective to satisfy our investors in managing money
This transfer takes 1(one) business day. The same money becomes available to CBO Fund at Chase in the next business day.
Request for wire transfer to the investor's bank from Chase is made on this next day before 3:00PM ETZ by CBO Fund.
3. The investment withdrawal, not accumulated profit, may take 5
transfer via wiring in terms of convenience, speed, transparency and security.
CBO Fund has J. P. Morgan Chase as its bank since 10/26/2014 as CBO Trading.
Chase is the largest bank in US and she has numerous bank branches
all over the world.
CBO Fund benefits from the business association with Chase in the following areas:
The expense of wiring except that of the receiving bank of the investor,
will be assumed by CBO Fund.
Time element for any withdrawal is as follows:
Then, usually overnight the transfer takes place and
the investor will receive the money on the day, depending on
how fast his bank receiving the wire processes it.
Ex. On Monday money withdrawal request made on poosungai.com.
On Tuesday, the money is transferred out of TDAmeritrade to
Chase. The same money will show up at the account of CBO
Fund in Chase on Wednesday.
Chase sends out the money on Wednesday to the investor's
bank, if all is in good condition. The bank receiving this wire will see the money
Thursday and the investors' account at the bank will show the money.
Any events of unusual economic and political nature may
slow the wiring process.
Time element for any deposit via wiring may entail similar time lapse.
In conclusion, it is important and wise to request the withdrawal in advance
of your anticipated need for the money.
Preplanning is highly recommended.
Thanks for reading this important procedure.
Please email any questions on the matter of money transfer.
The email address is cbofund@poosungai.com.