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harrybutt
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Posted on 01-01-14 11:53
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One of my relative left US permanently and is in another country now ,he says he still have some money in the US stocks ,how can i help him to get that money or do he need to come here in order to sell his stocks? I have zero knowledge about stock market and how it works ,I would like to hear some serious suggestions.
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I485
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Posted on 01-01-14 12:17
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Sell the stock online and wire transfer money into checking.... Shouldn't be a problem
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harrybutt
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Posted on 01-01-14 2:31
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@i485 tx for the info ,but can i sell his stocks and transfer money in my a/c or not?
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magorkhe1
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Posted on 01-02-14 8:32
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If you sell your stock, money will be depisited into you bank. But not sure you can do wire transfer, unless you have set up it earlier. Last time I went to my local bank for wire transfer: Needed to be present with positive photo ID.
Best way: write a check to you friend and ask him or her to wire you.
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nicollet
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Posted on 01-02-14 2:57
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Sell the stock and have the money transfered via ACH or wife transfer. If that doesnt work you can ask the Broker to mail you a check. You may have to ask your relative to call the Broker otherwise they are not authorized to give it to you.
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