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Monthly bankwire deposits

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MisterGreen
Traffic Value: $22,303.8091 Netherlands
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26/06/2014 16:19
Dear MTV-ers,

A few days back, I thought it could be a nice idea to have some kind of easy and recurring bank wire deposit system. Perhaps this is already possible with bankwire, I am not sure, but do enlighten me if its the case. I was thinking along the line of savings accounts, you know, those where most people automatically put a % of their salaries without thinking about it every month. For me, it would be a great option. I would put in, say, 75$ every month, autmatically, into MTV without any administrative hassle. This would create a steady and predictable investment flow as well. The deposit fee is always 0.5%, so deposting lots of small quantities shouldn't be a problem. Then cash out whenever is needed and a larger amount is accumulated, which, given the explosion in slowmotion that MTV is currently in, shouldn't take too long! cool grin

Cheers,

MisterGreen
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