Guys, we’ve boy-who-cried-wolf-ed ourselves with wire cutoffs. I’m 90% sure they’re fake.

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All wire transfers are sent through the Federal Reserve. 6 pm is the Fed’s cutoff to send wires on any business day. While you won’t get same day confirmation, particularly for late wires sent year-end, it’s still 6 pm. Banks each have their own same day cutoffs (some of which are a lot earlier) but if you’re a significant customer (ie, your law firm), your bank will show you some flexibility.

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Title just wired out funds at 5:45 despite having a 2:00 wire cutoff

likefunny

Haha, I had a bank make a "special exception" today so we could close. I think you're right.

likefunny

I'm just waiting till we start using BTC. Maybe a bank will pay out a loan with a shitty picture of a monkey drawn by a stoner.

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likefunny

Sounds like a personal issue…

I had a title company tell me the other day their wire cut off was 630pm PST. my jaw hit the floor.

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