|I have three form 4's right NOW with the dates 7/12/99 from the day they were filled out By me and the Sot3 dealer then Overnighted to Batf Chicago then overnighted by batf Chicago to D.C.,Then Approved 7/27/99 and I had the form 4's in my hand 4 day's later, That's 19 days flat.|
The postal money order when received by Batfe goes to batfe's account for Treasury deposit in Chicago and the form 4 goes to Washington D.C.That night Fedex overnight,No holding of postal money order for 5 days like other forms of payment.Yeah your cashiers check and company check can be held for up to 5 days,But normal out of town transactions within the banking commumity are 3 days these days.Now thats 5 days quicker and less time I have to wait for the return.
And if you want to see them done quicker in say 1 hour,Go into the Movie business,They are done that quick for the movie Industry.I've seen it first hand at a Movie Prop company that rents machine guns and DD's to the movie Industry and are on form 3's.Then theirs a FFL/Sot3 in South Florida that Guarantee's a 14 day total transfer time from him to Batfe,Back to him and in the new owners hands and he's done it 15 times this year alone,Only catch is it will cost the person/tranferee 400.00 for the service thru an Attorney.And I sure the hell wouldn't pay anybody a penny to try that routine.
You just have to learn how the system really works. OH,As far as Company checks and cashiers checks being good as gold, Yes if the money is in their account like you said, But they are still held to make sure their also not fakes, As I had 13 people that sent to me fake money orders,cashiers checks and even a US postal money order to buy weapons parts from the company I own and all they received was an Empty box delievered by a U.S.Secret Service Agent and the sound of hand cuffs going around their wrists until they could prove otherwise.12 were convicted and went to prison.The Postal Money order was handled buy the US Postal Service Police and that person tried 13 times with the fake USPS money orders,Guess it shows it wasn't his lucky number.And Greg this isn't a Flame,It just goes to show that their are faster ways to get a transfer done without spending alot of money.
Here is the reply by TOAD
|-If the funds are there, the form of payment has ABSOLUTELY NO BEARING ON THE TRANSFER TIME! If you send a check or a USPS Money Order, it doesn't matter because whatever the payment is gets stripped off and the forms get forwarded to NFA branch in DC. They might hold the check for 5 days, but that doesn't effect the forms going to DC one little bit. The process in Chicago is simple: |
1. Envelope arrives
2. Envelope is opened
3. Payment is taken out of envelope and deposited in the bank
4. forms are forwarded to NFA branch in DC
It is that simple. There aren't different stacks of forms based on the form of payment-if your form 4 with a US Postal Money Order arrives in Chicago the same day my form 4 arrives with a company check, the money order and check are both deposited in the bank and both of our Form 4s are sent to NFA branch in DC. My form 4 does not linger in Chicago waiting for the check to clear.
As for transfer times, I wasn't bragging about my most recent transfer time, I was simply stating that my latest transfer took 34 days and that was with the Thanksgiving Holdiay in the middle. I don't care if your transfers take 9 days or 9 years, that doesn't mean a thing to me. As for super-fast, guaranteed transfers, I know all about it. There is a dealer in the area that has an attorney on retainer for expediting transfers. He does this for his own transfers-I am not sure if he offers it as an extra service(with an extra charge) to his customers or not-but like you, I wouldn't spend the money on it. I can easily wait 30, 60 or 90 days, NFA isn't a hobby for the impatient.
As I said before-if you want to use a Money order of any type, feel free, but I prefer to know when my check has been cashed so I know the process has begun and my forms at least made it safely to Chicago.