If you use Ally Invest's online investing tools, you should learn how to withdraw money from your account into an external bank account. To do that, you need to link that account with your Ally Invest account. Once you have done that, you can withdraw money either by electronic transfer or by wire transfer.
Ally Invest allows clients to make various kinds of investments themselves, with no need for broker services. If you use Ally Invest's trading tools, you should know how to transfer money out of your Ally Invest account and into an external bank account. This article will tell you what you need to know to make the withdrawal.
To transfer money out of your Ally Invest account and into another bank, you need to link to an account at that bank. To do so, take these steps:
Ally Invest will check that the account you have linked to is actually yours and inform you once it has checked.
Once you have linked accounts, you can make the withdrawal. The easiest way to withdraw money from your Ally Invest account is by electronic transfer. To do that, take these steps:
You can also withdraw money by wire transfer. You have a couple of options for doing so. First, you can use the online wire transfer request form. Just go here to fill it out. You can also download the wire transfer request form in PDF format and print it out. You can find it here. Once you fill it out you can fax it to 1-866-608-2635. Ally Invest charges a $20 fee for all outgoing wire transfers.
If you need help withdrawing money from your Ally Invest account or want to check on the status of your wire transfer request, contact an Ally Invest customer service agent for assistance. You can do that by phone, email, chat, or help forum.
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