How Do I Setup Two Factor Authorization on My Merrill Edge Account?

Online investing has opened doors for a lot of people to put their money to use, and Merrill Edge, owned by Bank of America, allows customers to invest their way, and provides protections for investment accounts such as two-factor authorization. How do you set up two-factor authorization on your Merrill Edge account? You can get more information on investing and account security by calling Merrill Edge customer support, and below are steps to setting up your own two-factor authorization or authentication on your account.

Setting Up Two-Factor Authorization

To set up two-factor authorization on your Merrill Edge account, follow the steps below:

1. Open Merrill Edge on your computer or mobile device.
2. Log into your account using the login credentials you set up such as username/password, fingerprint or face ID.
3. Navigate to "Security Center."
4. Select "Two-factor Authorization."
5. Enter the phone number, email address or authentication app you wish to use for the authorization code.
6. Hit "Save" to begin using two-factor authorization.

How Two-Factor Authorization Works in Merrill Edge

Once you've elected to use two-factor authorization, you will be prompted to receive and enter an authorization code when the following occurs:

1. Logging back into your account for the first time after setting up two-factor authorization,
2. When you log in from a new device or IP address,
3. If Merrill Edge feels the activity in your account is suspicious,
4. As you have elected to use the two-factor authorization (for example, if you want the feature for every new transaction).

Two-factor authorization is just one of many security features available for your Merrill Edge account. For example, logging into your Merrill Edge account on your mobile device can require a fingerprint or face ID before you can access your information, and two-factor authorization for transactions initiated on your mobile device. Other safety features include:

• State-of-the-art encryption to prevent third parties from accessing information passed between Merrill Edge and your device,
• Your own personal authorization code,
• Automatic log-out when Merrill Edge detects inactivity in your account,
• Blocked access after three failed log in attempts,
• Fraud protection software for free.

Setting up two-factor authorization on your Merrill Edge account allows for greater protection of your investment assets. For more information or assistance with protecting your account, call Merrill Edge customer support.