Zelle limits are weird and sometimes it’s as low as $500 a day for certain accounts. Def have to tell your consignors you pay out Zelle but they may not be paid on time due to limits
@@KetchumAllCollectiblesoh dang so 0% interest. I only do a few Wise transfers so it is usually better for me to just transfer from my bank even earning the 4.3% interest. I bet with fanatics and Japanese box purchases though it can really add up for you
@TCA_Gaming yeah I need to solve better for earning interest on my business capital. Needs to be reasonably easy and fully FDIC insured though are the big things. I think having the chase as the hub for ach and consignor payouts will be nice. But a secondary (non credit union account) will be be needed for what sits longer term of my own money. Credit union paid effectively 0% as well as chase does too
I am pretty sure the reason why the banking system operates on hours and days is because they have their own cash flow management that not only has to adhere to regulatory standards to track and prevent fraud - but also because they are constantly lending that money to other banks and customers and then receiving payment. It is less about them waiting to see if your certified check is real - but to ensure your bank is writing a good check. Certified checks are only as good as cash because the bank is solvent. Not because the funds are immediately available for the bank to spend.
Similar to how when I worked in a foodstore. Nowadays htey still have to look up produce and not have a list in the system for them at the registers. Its crazy. However, if they upgrade then they have more costs and why wolud they do that if the system aint broke. Honestly, its messed up and on top of that you have to pay extra for the expedited process. Its awful.
Not enough. But several dozens of cases passed through. Not sure what my peak ever was that's part of why I want to go back through my records and do the case study
I know you mentioned cash withdrawal and deposits. Man oh man. You would think im pablo Escobar when I need 10 to 20k for a collection purchase. The system is so awful all around
Love your content (notification gang!) but constantly looking to the side/focusing your eyes on stuff on the side (especially in the intro) isn't great for audience retention man, just my two cents ("source:" I have a 50k+ subs channel and a 11k+ subs channel)
Zelle limits are weird and sometimes it’s as low as $500 a day for certain accounts. Def have to tell your consignors you pay out Zelle but they may not be paid on time due to limits
So annoying. Appreciate the info. I've heard varying things sounds like it's a convoluted combo based on my bank and their bank/credit union . Fun
Weird I have sent $1.3k - $3.5k multiple times during Same day
Crushing it Dan! Extremely happy for you to hear that big number 🍻 Early congratulations to you!
1:15 1000% true. It’s baffling
Something will change just hopefully it's within our lifetimes. The sooner the better
Above the FDIC limit in the business account is goals! 🚀
💰 🤑. One time so far let's see if I can do it again. $250k fanatics weekly here we come🙏
What insurance company do you use for your collection? Seems like many of the big companies don't consider pokemon cards eligible for coverage
Collectinsure. Check my video backlog for insurance you'll find it a couple years old but still holds up
What about the drop in interest for that 20k you leave in the Wise on the front loading end? I think Wise is like 4.33% instead of 5%
Are you getting that? I'm not. As far as I know that's a feature that is in the uk only?
Oh I looked deeper. Personal accounts only not business accounts as far as I see. I have a business account
@@KetchumAllCollectiblesoh dang so 0% interest. I only do a few Wise transfers so it is usually better for me to just transfer from my bank even earning the 4.3% interest. I bet with fanatics and Japanese box purchases though it can really add up for you
@TCA_Gaming yeah I need to solve better for earning interest on my business capital. Needs to be reasonably easy and fully FDIC insured though are the big things. I think having the chase as the hub for ach and consignor payouts will be nice. But a secondary (non credit union account) will be be needed for what sits longer term of my own money. Credit union paid effectively 0% as well as chase does too
Please make the case study video. Great to see shiny card board gains affect real life
I am pretty sure the reason why the banking system operates on hours and days is because they have their own cash flow management that not only has to adhere to regulatory standards to track and prevent fraud - but also because they are constantly lending that money to other banks and customers and then receiving payment. It is less about them waiting to see if your certified check is real - but to ensure your bank is writing a good check.
Certified checks are only as good as cash because the bank is solvent. Not because the funds are immediately available for the bank to spend.
Fractional reserve banking makes it all a bit ☠️
Just had to call Mastercard this morning to place that order
Same merchant I’ve ordered from for over a year
Crypto 🚀🚀🚀
Our banking/finance/credit system is so broken 😭
Similar to how when I worked in a foodstore. Nowadays htey still have to look up produce and not have a list in the system for them at the registers. Its crazy. However, if they upgrade then they have more costs and why wolud they do that if the system aint broke. Honestly, its messed up and on top of that you have to pay extra for the expedited process. Its awful.
I love real shit. Thanks Dan
If this has been asked before apologies in advance. Do you offer consignments from Australians?
Yep! Worldwide
Cash is King but Cash “Flow” is Queen and if it were up to me I’d rather be sleeping with the Queen! It Only Takes 1!!!
😆
Please do the evolution video
how much evolutions did you have?
Not enough. But several dozens of cases passed through. Not sure what my peak ever was that's part of why I want to go back through my records and do the case study
I know you mentioned cash withdrawal and deposits. Man oh man. You would think im pablo Escobar when I need 10 to 20k for a collection purchase. The system is so awful all around
Yeah get treated like a criminal for using and moving your money lol
So how do you wholesale a million $ a month like technsports? 5000 pieces of clothing a day at $6.6 average?
He sells stuff for like 30 to 40 I think for 20 profit each
@@KetchumAllCollectibles he retired from ebay and switched to wholesale now.
L1 eth fees are pretty low right now, but L2 fees are almost nonexistent.
Crypto ftw.
Idk what l1 and l2 mean but I like it
Always use a big bank for big transactions 💯
🚀
The waiting on WISE has cost me a lot 😭
😭
Our money transaction service doesn’t even take a fee 😂
😭
Banks are extremely dated and incompetent. I knew more about setting a business account than the banker…
I'm with chase now and they've been just as miserable so far lol
Chase prob gonna start holding money longer thanks to tic tok 😂
Banks hate this one simple trick! 😆
Best 🍊💊Yet. I’m with you. Saw the light visa vis BTC in 2017
🚀
I just find it insane how someone can still do so much if they know your SSN 😂
Got mine all frozen but yeah if I needed credit/debt it's a huge hassle
Nice try Diddy!
Idk what this means
EZ
srry
@@dagreenshiz🔪
🥈 you tried your best
@@KetchumAllCollectiblessecond is just the first loser 👀👀👀
First
🏅
MRW when millennials sold off their 100x crypto returns to ruin the entire pokemon market and turn it into a soulless investment vehicle🥴
Hey I sold off my 100x pokemon gains and put some small amount in crypto 🚀
You may have resolved some of your problems, except for the waiting in line part, get used to that at Chase…..ALL BANKS SUCK!
Thankfully I shouldn't have to go in there too often
crypto is king.
👑
Love your content (notification gang!) but constantly looking to the side/focusing your eyes on stuff on the side (especially in the intro) isn't great for audience retention man, just my two cents ("source:" I have a 50k+ subs channel and a 11k+ subs channel)
Appreciate the constructive feedback. I have a laundry list of things I should change but tbh probably running it as is for now . We will see
You're telling this to a guy who aims squarely at being 'Anti-Viral' 😂
@@SakuraCache boring is the brand 🤖
Shout out Chase for business. Not to mention direct link to Quickbooks. 😅 time saving = profit