Your Combined Online Banking and Brokerage Account
The Convenience of Paying Bills Online
Pay anyone in the US with SpectrumConnect Web Bill Pay, from recurring payments like mortgages and utilities, to occasional or one-time expenses. Spectrum Connect Web Bill Pay is a real time web solution requiring no installation disks giving you account access from any computer around the world with Internet access. You may also export data to the personal finance software Quicken® and Microsoft® Money. Paying bills online is the easiest way to simplify, connect and manage your money.
Why does Reich & Tang charge a fee when your bank may not?
Bank Bill Pay |
vs. |
Reich & Tang Bill Pay |
| Account is debited the day a bill is scheduled to be paid. Therefore, if you happen to be in an interest bearing account, you no longer earn income on the amount of the scheduled bill. | Account is not debited until the bill is presented to Reich & Tang. Therefore, you continue to earn income on the amount until it clears your account. |
Online Bill Paying
With Online Bill Paying via SpectrumConnect you may setup recurring payments once, to be paid automatically. It's convenient and cost effective. There is no need to mail checks, buy stamps and your bills are paid on time. Payments may be scheduled up to one year in advance and you may view payment history to confirm your payments have been processed.
Through the E-billing feature you can receive and view bills electronically from payees while viewing account information as well as terms and conditions. E-billing enables you to review bill details, authorize payment from a bill view and receive confirmation for each transaction.
Updates are quick and easy and there is no risk of losing data to a system crash. All data is secure through your connection via a secured browser. You also have the added safety of your personal PIN.
Place Trade Financial is a registered broker-dealer, not a bank and the cash management services associated with your money market account are not a bank account. Banking services are provided by licensed banks or by third parties through arrangements with licensed banks. Unless otherwise indicated, investment products are not FDIC-insured, not guaranteed by a bank and may lose value.
Place Trade Financial offers competitive money market funds and services through Reich & Tang Funds. Reich and Tang is a manager of money market funds and is a subsidiary of IXIS Asset Management North America, L. P., an investment management firm. Place Trade Financial is not affiliated with Reich & Tang Funds or its subsidiary IXIS Asset Management North America, L. P. This is not an offer to buy or sell. For a prospectus containing complete information, contact Place Trade Financial at 1-800-50-PLACE or visit our web site at www.placetrade.com.