sreda, 25. junij 2008

Zecco Review: How Do You Add Funds To Your Zecco Account?

In this part of Zecco review we will take a look how can you add funds to your Zecco account.

There are three ways to fund your Zecco account:
1. Check
2. By associating your bank with Zecco trading or
3. Wire Transfer.

We will take a closer look at wire transfer since this is the way I funded my Zecco account and this is the most widely acceptable way. You can use wire transfer to fund your Zecco account from almost anywhere in the world. The other two ways are more complicated if you do not live in the United States. So, how do you use wire transfer to fund your Zecco account?

You need to order the money transfer with your own bank. You can do that by going to the bank or you can use their online banking, if the bank has one and if it offers that kind of order. It doesn't matter which way you choose, you will need the following data to fund your Zecco account:

1. The name of the company that does the trading for Zecco:

Penson Financial Services
1700 Pacific Avenue, Suite 1400
Dallas, Texas 75201

The Name of the Bank where they have their account:

JP Morgan Chase
277 Park Ave, New York
New York 10172

The account number:
021000021066600030

or if you like this form better (it's the same as above)
ABA: 021000021
Acct: 066600030

If you are making a deposit to your Zecco account from outside of United States, than you will also need the SWIFT Code of the JP Morgan Chase bank:

SWIFT code: CHASUS33

Now you need to tell Penson Financial Services whos account at Zecco are you funding, so in addition to above data also add:

Your name and your Zecco account number. I also write that these are funds for my Zecco account. Like - John Doe, Zecco acc. number: 07-12345678, funds for Zecco trading.

That is all. Depending on your bank and their speed, you should have the fund on your Zecco account in 2 to 3 days. If it takes longer it is wise to ask your bank if everything went well.

I have so far done 4 such fund transfers to my Zecco account and had no problems at all. So this is how you add funds to your Zecco account. If you have any questions don't hesitate to ask. I'll answer if I can.

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