Self Directed IRA transfer from LLC "Checkbook" account

[Jason Powell]

Here is the scenario. Cash in a bank checking account under an LLC that's owned by a self directed IRA through Entrust. I'm wanting to transfer some cash to another IRA at another SDIRA custodian for some different investments through a firm that uses a different provider. How do I transfer cash to that new IRA?

Preferred option - I sent a wire directly from the LLC checking account to the new IRA custodian (Kingdom Trust for what it's worth). Do you see any issues with doing that? I know the IRA transfer process normally entails transfer paperwork on the receiving custodian forms that are sent to the releasing custodian back office, but I'm confused in this case since the cash is actually at a bank checking account.