[Kdawg]

Has anyone initiated a wire as a withdrawal from CRIS?

If so, have you received and how long did it take/is it taking?

[louis]

I request one last week on Friday. Today is Tuesday.

I suspect they are being flooded with withdrawal requests and it is going to take a while, so I am being more patient than I normally would be.

I am planning to give them 7 days until Friday before my patience runs out.

[Kdawg]

louis -- I am assuming they charged you a ton?

[louis]

They charged me 1/2 of 1% of the amount, plus $55.

I just talked to Customer Service and they say my wire was sent, however it could take until Friday for me to receive it.

I don't like the fees, but with this book I am 99.99% certain I will be paid.

[louis]

Low 5 figure amount arrived today, someone is charging me an additional $30 fee - probably my bank.

Overall, I'm OK with CRIS and will probably redeposit with them.

[GPC]

That $30 will be the charge of their bank's USA correspondent bank. Unfortunately nothing you can do about this, it happens on all foreign wires into the USA. Some correspondent banks charge as little as $15, most around $20, $30 is a bit on the high side.