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Posted On: 01/08/2017 6:44:22 AM
Post# of 3601
Secure has no reason to pay sooner versus later, so if the 20 days is the latest they are supposed to pay, I'd expect that's when they will pay it.
I'm sure the money will be wired from account to account and as anyone who has done this will know, the banks always find a way to make a buck on the float, so even if the money is wired on the 20th day it likely won't be available to Coates for another 3 to 4 days. So from my perspective, if we don't get word of the money being received within 20 business days I'll give it a few more days. If there's no word of it several days later, I'll start scratching my head like I've done dozens of times before.
I'm sure the money will be wired from account to account and as anyone who has done this will know, the banks always find a way to make a buck on the float, so even if the money is wired on the 20th day it likely won't be available to Coates for another 3 to 4 days. So from my perspective, if we don't get word of the money being received within 20 business days I'll give it a few more days. If there's no word of it several days later, I'll start scratching my head like I've done dozens of times before.
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