RE: Deposit Return - A/c # *** Query for pwm return Item [C]
Hi Team,
Check # 001012 for $ 450,000.00 has been deposited to A/c — but returned with reason as remitter's account in 'REFER TO MAKER' status.
As the return reason REFER TO MAKER , then the item will be return only.
Copy of checks attached above.
Thanks,
With regards,
Divya Rajawat
DBOI Global Services Private Limited
COO Wealth Management Operations A-1 & A-2, Evolve - Mahindra Technology Park, Inside Mahindra World City SEZ, 302029 Jaipur, India
Tel. AVAYA --
Please clarify what ‘Refer to Maker’ means.
Regards,
Brad
Bradley Gillin
Vice President
Deutsche Bank Wealth Management
345 Park Avenue, 24th Fl
New York, NY 10154
Securities offered through Deutsche Bank Securities Inc.
Hi Bradley,
Refer to maker reason shows that Beneficiary directly need to reach out to originator for more clarification.
The check shows that Jeffery Epstein, made a check out to himself, from a Banco popular account to be deposited in an account in his name at DB.
Why would this get returned?
Regards,
Brad
Bradley Gillin
Vice President
Deutsche Bank Wealth Management
345 Park Avenue, 24th Fl
New York, NY 10154
Securities offered through Deutsche Bank Securities Inc.
Hi Team,
Can you please answer for below question or Bradly which is related with one item of Deposit return :-
The check shows that Jeffery Epstein, made a check out to himself, from a Banco popular account to be deposited in an account in his name at DB.
Why would this get returned?
Thanks,
With regards,
Hemant Kumar Rathore
Hemant - Kumar Rathore
DBOI Global Services Private Limited
C00 Wealth Management Operations
A-1 & A-2, Evolve - Mahindra Technology Park, Inside Mahindra World City
SEZ, 302029 Jaipur, India
Tel. AVAYA -
Mobile +
Hemant-Kumar,
The check was returned by Banco Popular for not authorized, you will have to contact Banco Popular for further explanation.
Kind Regards,
Gail F Mahabir
DB USA Core Corporation
Check Support
60 Wall Street
12th Floor
New York, NY 10005
Tel.
Hi,
The check in question is drawn on Bank Of America located in St Thomas, US Virgin Island. This is one of the Islands that is affected by the hurricane and it seems that the check did not make it to the bank for payment. I would suggest that the client be debited and maybe the check re-deposited at a later date.
Kind regards,
Joy Mitchell
Operations Specialist
DB USA Core Corporation
60 Wall Street 12th Fl.,
New York, NY 10005-2836
USA
Tel.
Hi Joy,
Please confirm that the check can be credit to his DB account, and then revisited at a later date when the islands communications are back online.
Regards,
Brad
Bradley Gillin
Vice President
Deutsche Bank Wealth Management
345 Park Avenue, 24th Fl
New York, NY 10154
Securities offered through Deutsche Bank Securities Inc.
Hi Bradley,
You can try.
FIS - If a $450,000 PWM deposit (535269691) is flagged as a duplicate, please allow it to pass thru.
Thanks,
Julian
Julian Leff
Vice President
DB USA Core Corporation
60 Wall Street, 12th floor
New York, New York 10005
Mailstop NYC60-1208
This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden.
Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such.
Hi Brad,
Just to confirm that yesterday PWM charged the client an instructed Return Items to Return the check. This means that an advice will be generated and sent to Return Items by FIS. Upon receipt, Return Items will re-associate the check to the advice and mail to the client (see attachment). This is the procedure in place for PWM return checks.
I am reiterating, as per your e-mail below dated 9/28, you would like for the check to be re-deposited. This means that Return Items will be preparing a deposit ticket and submit to FIS for processing. Looking forward to your confirmation.
Kind regards,
Joy Mitchell
Operations Specialist
DB Global Processing Services, Inc.
100 Plaza One
Jersey City, NJ 07311-3901
USA
Tel. [redacted]
Email [redacted]
Confirmed. Please re-deposit the check.
Regards,
Brad
Bradley Gillin
Vice President
Deutsche Bank Wealth Management
345 Park Avenue, 24th Fl
New York, NY 10154
Securities offered through Deutsche Bank Securities Inc.
Hi Brad,
The check was re-deposited yesterday.
Kind regards,
Joy Mitchell
Operations Specialist
DB USA Core Corporation
60 Wall Street 12th Fl.,
New York, NY 10005-2836
USA
Tel. [redacted]
Email [redacted]
Please do not re-deposit. They are going to wire the funds instead. Please confirm.
Regards,
Brad
Bradley,
It was already redeposited yesterday per your instructions.
Thanks,
Julian
Julian Leff
Vice President
DB Services New Jersey, Inc.
COO Corporate & Investment Banking Technology and Operations
100 Plaza One, 07311-3901 Jersey City, NJ, USA
Tel.
Mobile
This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden.
Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such.