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#2107494 - 11/16/16 12:15 AM Reg D Transfer by Courier to 3rd Party
Eric Dassler Offline
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Joined: Oct 2015
Posts: 8
After reading through various Reg D threads I did not see an answer to my question. I have a customer who sent a courier to make a transfer from the account in question to a 3rd party at our financial institution. The account holder wrote a check from the fiduciary account which she is a trustee of and the check was deposited into a corporate account which she is the president/signer of. Both accounts are housed at our financial institution. The deposit/transfer was made via courier. Because it was done by courier am I correct in saying this is NOT a limited transaction(does not count toward 6)?

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#2107501 - 11/16/16 10:39 AM Re: Reg D Transfer by Courier to 3rd Party Eric Dassler
rlcarey Online
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Joined: Jul 2001
Posts: 77,591
Galveston, TX
It was done by check - the courier has nothing to do with it. It would be counted.
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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