Most brokers can use what s known as the automated customer account transfer service or acats for short to move a wide variety of investment assets including cash stocks bonds and listed. You may need to call the brokerage firm to complete a wire transaction.
There is a 30 charge for domestic wires and if you need to wire funds to a bank outside the united states the fee is 40.
How to transfer money from brokerage account wells fargo. Sign on to wells fargo online to access transfers. To transfer funds online to or from your brokerage accounts. Transfer cash from another wells fargo advisors investment account.
We hope to see this feature added soon. Sign on to access transfers. Bill pay unfortunately wells fargo does not permit wellstrade brokerage accounts to use its bill pay services.
Full service brokerage for customers investing with a financial advisor. You start by clicking on their promotion link and at some point of account opening process you will be able to specify that a new account should be funded by account transfer also called acat from another brokerage wells fargo go to broker promotions for the list of current incentives. Make a one time transfer set up automatic recurring transfers between your accounts or even plan a transfer for sometime in the future.
Set up transfers online. Wells fargo online enroll now. Transfer funds at any time to transfer funds to or from your brokerage accounts simply sign on to wells fargo online and select transfer and pay.
Many brokerage firms offer incentives for you to transfer your brokerage to them. Choose whether the transfer is to or from a brokerage account the linked bank account the transfer is to or from and the amount and frequency of the transfer. Click the continue button.
To get started select the accounts you would like to transfer money from and to. To transfer money between accounts at wells fargo and accounts at another bank select add non wells fargo accounts. Please note that any account owner of your wellstrade account must also be listed as an owner on your linked bank account.
Sign on to wells fargo online select the transfer pay menu select add a non wells fargo account from the transfer money screen. With wells fargo s cash sweep features you can automatically transfer un invested cash balances into interest bearing wells fargo deposit accounts or money market funds.