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Updated almost 3 years ago,
Help! Need to get the xfer conf # from my bank or I lose my deal!
Yesterday was the closing day on my first property (in Huntsville, AL). I wired the cash to close from my bank (USAA) to the account that the closing attorneys provided. The attorney's assistant said she was a little concerned that the transfer didn't show up on her side, but said it can sometimes take a few hours to go through. Then today, the partner at the attorney's office called me saying it still hasn't gone through, which has me stressing out.
The closers said they could get by with something called a federal reserve confirmation number, which is apparently issued to a bank whenever they confirm a money transfer from their side. But every customer service rep and executive resolution specialist I talk to at USAA says they've never heard of that confirmation number.
The closing attorney partner is saying they will do all they can to save the deal, but the seller is trying to close on their purchase at the same time and those lenders will start to put pressure on him, probably by tomorrow (which would be 48 hours after I initiated the transfer). At this point, I'm freaking out and at a loss for how to pry the federal reserve # from my bank.
Has this happened to anyone before? Any help would be sorely appreciated!