The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Old 14 March 2023, 08:34 AM   #1
D_Rolex
"TRF" Member
 
Join Date: Jul 2019
Location: US
Posts: 226
Signature Bank and AP…

When purchasing my AP last year the wire directions were to send to Signature Bank in the NYC… that being said it’s safe to say that AP does their corporate/business banking in the US with Signature Bank…

- Given the recent news, how do you think this will affect AP operations moving forward in the US?

- Will this slowdown operations/distribution in the US temporarily? I’m sure they have significant assets tied up with this bank.


Sent from my iPhone using Tapatalk
D_Rolex is offline   Reply With Quote
Old 14 March 2023, 09:56 AM   #2
In-N-Out
"TRF" Member
 
Join Date: Jan 2023
Location: USA
Posts: 594
Yellen already said all depositors will get their money back, as was the case with SVB
In-N-Out is offline   Reply With Quote
Old 14 March 2023, 09:59 AM   #3
EEpro
2024 Pledge Member
 
EEpro's Avatar
 
Join Date: Apr 2019
Real Name: Brad
Location: Purdue
Watch: Daytona
Posts: 9,084
I'd be worried if I wired in Friday
__________________
Ω
2FA Active
EEpro is offline   Reply With Quote
Old 15 March 2023, 12:16 AM   #4
Reign
"TRF" Member
 
Join Date: Oct 2018
Location: USA
Posts: 1,177
They’ll be fine. Uninsured deposits are guaranteed.


Sent from my iPhone using Tapatalk
Reign is offline   Reply With Quote
Old 15 March 2023, 03:17 AM   #5
macrowatch
"TRF" Member
 
Join Date: Aug 2018
Location: HK
Posts: 4,365
So the old adage remains true. Owe 1M and YOU have a problem. Owe 100B and the government has a problem!!!
macrowatch is offline   Reply With Quote
Old 15 March 2023, 04:57 AM   #6
D_Rolex
"TRF" Member
 
Join Date: Jul 2019
Location: US
Posts: 226
After this fiasco I was thinking more on the lines of AP moving their business banking to a more secure/larger institution. Causing some delay/disturbance with their finance department ultimately affecting some operations temporarily till sorted.


Sent from my iPhone using Tapatalk
D_Rolex is offline   Reply With Quote
Old 15 March 2023, 07:00 AM   #7
mickyd329
"TRF" Member
 
mickyd329's Avatar
 
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,741
Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.
__________________
PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue
mickyd329 is offline   Reply With Quote
Old 15 March 2023, 07:03 AM   #8
In-N-Out
"TRF" Member
 
Join Date: Jan 2023
Location: USA
Posts: 594
Quote:
Originally Posted by mickyd329 View Post
Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.
Got your 15407 already?
In-N-Out is offline   Reply With Quote
Old 15 March 2023, 07:50 AM   #9
dauster
"TRF" Member
 
Join Date: Mar 2019
Location: San Francisco
Posts: 2,803
Quote:
Originally Posted by mickyd329 View Post
Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.

Nice whats the incoming ?


Sent from my iPhone using Tapatalk
dauster is offline   Reply With Quote
Old 15 March 2023, 08:00 AM   #10
eiesh
"TRF" Member
 
Join Date: Feb 2019
Location: USA
Posts: 283
Quote:
Originally Posted by mickyd329 View Post
Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.
15416CE or 26586Ti ?

Sent from my SM-A515F using Tapatalk
eiesh is offline   Reply With Quote
Old 15 March 2023, 08:15 AM   #11
D_Rolex
"TRF" Member
 
Join Date: Jul 2019
Location: US
Posts: 226
Quote:
Originally Posted by mickyd329 View Post
Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.

Business as usual then for AP.

Congrats on your new piece!!


Sent from my iPhone using Tapatalk
D_Rolex is offline   Reply With Quote
Old 15 March 2023, 10:14 AM   #12
mickyd329
"TRF" Member
 
mickyd329's Avatar
 
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,741
Quote:
Originally Posted by In-N-Out View Post
Got your 15407 already?
Quote:
Originally Posted by dauster View Post
Nice whats the incoming ?


Sent from my iPhone using Tapatalk
Quote:
Originally Posted by eiesh View Post
15416CE or 26586Ti ?

Sent from my SM-A515F using Tapatalk
Quote:
Originally Posted by D_Rolex View Post
Business as usual then for AP.

Congrats on your new piece!!


Sent from my iPhone using Tapatalk


I wish any of the above was the case. Still waiting for those pieces.
I ordered a green 15510 for my brother in law and it came in.
APNA did send me a nice bottle of champagne for my birthday tho. lol.
__________________
PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue
mickyd329 is offline   Reply With Quote
Old 15 March 2023, 10:26 AM   #13
dauster
"TRF" Member
 
Join Date: Mar 2019
Location: San Francisco
Posts: 2,803
Quote:
Originally Posted by mickyd329 View Post
I wish any of the above was the case. Still waiting for those pieces.
I ordered a green 15510 for my brother in law and it came in.
APNA did send me a nice bottle of champagne for my birthday tho. lol.

Nice congratulations to your bro and happy birthday- can you order me a 15510 blue dial ? I’ll wire to SVB immediately;)


Sent from my iPhone using Tapatalk
dauster is offline   Reply With Quote
Old 15 March 2023, 02:50 PM   #14
mickyd329
"TRF" Member
 
mickyd329's Avatar
 
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,741
Quote:
Originally Posted by dauster View Post
Nice congratulations to your bro and happy birthday- can you order me a 15510 blue dial ? I’ll wire to SVB immediately;)


Sent from my iPhone using Tapatalk

Thanks!

I know right?
__________________
PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue
mickyd329 is offline   Reply With Quote
Old 15 March 2023, 09:12 PM   #15
DonLee
"TRF" Member
 
Join Date: Sep 2021
Location: HK
Posts: 1,040
Quote:
Originally Posted by mickyd329 View Post
I wish any of the above was the case. Still waiting for those pieces.
I ordered a green 15510 for my brother in law and it came in.
APNA did send me a nice bottle of champagne for my birthday tho. lol.
ordering a green 15510 for your brother in law... you wanna have another brother
DonLee is offline   Reply With Quote
Old 16 March 2023, 01:53 AM   #16
Reign
"TRF" Member
 
Join Date: Oct 2018
Location: USA
Posts: 1,177
Quote:
Originally Posted by mickyd329 View Post
Thanks!

I know right?
that's a nice pick-up! I got one in Jan as a gift for someone close - was so tempted to keep it lol
Reign is offline   Reply With Quote
Old 16 March 2023, 05:59 AM   #17
mickyd329
"TRF" Member
 
mickyd329's Avatar
 
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,741
Quote:
Originally Posted by DonLee View Post
ordering a green 15510 for your brother in law... you wanna have another brother
More brothers, the better!


Quote:
Originally Posted by Reign View Post
that's a nice pick-up! I got one in Jan as a gift for someone close - was so tempted to keep it lol
Just got it this morning. A pretty piece for sure! Don't tempt me....
__________________
PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue
mickyd329 is offline   Reply With Quote
Old 16 March 2023, 10:13 PM   #18
Mini2
"TRF" Member
 
Join Date: May 2009
Location: Uk
Posts: 1,493
It would probably be easier fro me to get a watch if I knew someone who previously was recognised from the brand
Mini2 is offline   Reply With Quote
Old 16 March 2023, 10:16 PM   #19
brandrea
2024 Pledge Member
 
brandrea's Avatar
 
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,119
Quote:
Originally Posted by mickyd329 View Post
I wish any of the above was the case. Still waiting for those pieces.
I ordered a green 15510 for my brother in law and it came in.
APNA did send me a nice bottle of champagne for my birthday tho. lol.
Congrats to your brother in law, enjoy the bubbly
brandrea is offline   Reply With Quote
Old 20 March 2023, 01:34 PM   #20
asrah
"TRF" Member
 
asrah's Avatar
 
Join Date: Sep 2015
Location: Somewhere
Watch: 116500LN
Posts: 245
Quote:
Originally Posted by mickyd329 View Post
Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.
I sent the wire on Friday will I be in trouble ?
asrah is offline   Reply With Quote
Old 20 March 2023, 02:00 PM   #21
mickyd329
"TRF" Member
 
mickyd329's Avatar
 
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,741
Quote:
Originally Posted by asrah View Post
I sent the wire on Friday will I be in trouble ?

I had no issues. I think you should be fine. Just check with your boutique tomorrow to confirm.
__________________
PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue
mickyd329 is offline   Reply With Quote
Old 20 March 2023, 02:04 PM   #22
macrowatch
"TRF" Member
 
Join Date: Aug 2018
Location: HK
Posts: 4,365
Quote:
Originally Posted by mickyd329 View Post
More brothers, the better!




Just got it this morning. A pretty piece for sure! Don't tempt me....
A real BIL would turn around and say surprise and give it back to you then pay off your AMEX or wire.
macrowatch is offline   Reply With Quote
Old 20 March 2023, 02:05 PM   #23
macrowatch
"TRF" Member
 
Join Date: Aug 2018
Location: HK
Posts: 4,365
Quote:
Originally Posted by asrah View Post
I sent the wire on Friday will I be in trouble ?
I signed a term sheet to borrow 500M in commercial backed toxic assets from Credit Suisse. Is the money still coming? Too soon? I kid, I kid. So first CS, then soon AP to cease to be independent. All clearly because AP dealt with Signature!
macrowatch is offline   Reply With Quote
Old 21 March 2023, 02:44 AM   #24
asrah
"TRF" Member
 
asrah's Avatar
 
Join Date: Sep 2015
Location: Somewhere
Watch: 116500LN
Posts: 245
Quote:
Originally Posted by mickyd329 View Post
I had no issues. I think you should be fine. Just check with your boutique tomorrow to confirm.
Checked this morning and they confirmed receiving it. I was worried 😟.
Do you know How long does it take them to ship the watch to canada and clearing the customs
asrah is offline   Reply With Quote
Old 21 March 2023, 02:50 AM   #25
mickyd329
"TRF" Member
 
mickyd329's Avatar
 
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,741
Quote:
Originally Posted by asrah View Post
Checked this morning and they confirmed receiving it. I was worried 😟.
Do you know How long does it take them to ship the watch to canada and clearing the customs
Good to hear.

They will ship it right away I'm sure, but I have no idea how long it takes to clear Canadian customs as I live in the states.
__________________
PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue
mickyd329 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Takuya Watches

Bobs Watches

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.