NiklasJames.com

Send a test wire

Send a test wire.

If you're wiring a significant sum for an investment or distribution, send $5.00 ahead of time and ask ("did you receive my test wire?").

Everyone loves to check for a wire, even if it's a small test. It also makes you look proactive and professional. And it eliminates the risk/uncertainty for both sender & recipient that the big wire will arrive correctly.

A test wire is less of an imposition than doing a call to confirm the wiring instructions. A confirmation call doesn't even remove the uncertainty/nerve (since both of you are just staring at the same email w/ wiring instructions anyway).

About the author

Hi, Niklas here 🙂📝

This is my journey as an independent sponsor & equity investor.

I publish tactical insights for deal-by-deal private equity.

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