Welcome to Community at BECU, a place for anyone who wants to talk about money, saving, investments and everything in between. Have a question or just want to get the community’s opinion on something? This is the place. It’s a great resource for peer-to-peer advice, access to the latest BECU news and behind the scene’s insights from BECU’s experts.
As of now if I want to have a wire transfer sent to my account, it needs to go through an intermediary bank. Could this be removed in the future so that I can just send wire transfers directly to BECU? Some banks, especially in other countries, either can't use an intermediary or just don't know how as it's somewhat unusual in certain parts of the world.
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When someone applies for a credit card from a credit card issuer, there is always an element of mystery involved in the process. Will you get approved, will you get denied, and why? My suggestion is that for BECU credit cards, take the mystery out of the process and instead just publish a simple set of issuing guidelines that would help anyone who knows what is on their credit report make a decision on if they should risk applying or not, as being denied credit damages your score. For example the guidelines could be as simple as: Minimum FICO score 620, max derogatory marks 2, minimum credit history 3 months, etc. This kind of simple, open source approval guidelines would save a lot of people a lot of hassle, risk, and potential damage to ones credit report.
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