VFG Check Deposit Policy & Procedures

Acceptable checks:

Checks should be made payable to: 

1. National Financial Services, also known as NFS, or 
2. Fidelity or Fidelity Clearing and Custody Corp, or 
3. To the name of the client as it appears on firm’s client account registration. 

Unacceptable Checks:

1. The firm does not accept for deposit – third party checks – (i.e. checks that are payable to National Financial, where the check issuer is not the client, or the check recipient endorses the back of the check for deposit into a client’s account.)
2. Bank checks where the bank has not indicated on the face of the check who the remitter is
3. Checks payable to Vanderbilt Securities or Vanderbilt Financial Group
4. Money Orders or Travelers Checks 

Checks that are not accepted by the firm will be noted as – returned to client. 

If you have any issues with any of these steps contact Tech support at tech.support@vanderbiltsecurities.com or Call 631-845-5100