You have several options to transfer funds from the TD Ameritrade account to another account. You can transfer funds via EFT (Electronic Funds Transfer), but it may require clearing that takes approximately one business day. TD Ameritrade process Wire Transfers within two business days. ACH Debit can take up to five business days from the time you initiate it at TD Ameritrade. Checks take seven to 10 business days, and you must mail them directly.
TD Ameritrade is a broker that offers a wide range of services to help you invest. One of the features is its ability to transfer funds from one account to another, making it easy for you to manage your money in one place.
Find out how to transfer funds from your TD Ameritrade account into another bank or investment account.
Electronic Funds Transfer (EFT) is a service that allows you to transfer money from your TD Ameritrade account to another bank account. You can use EFT to send money, even if the recipient doesn't have an account with TD Ameritrade.
When sending funds via EFT, you provide the following information:
Wire transfers are a secure method of transferring funds to your TD Ameritrade account. You can make a wire transfer through the following steps:
ACH debit is a direct deposit to your bank account from TD Ameritrade. When you initiate an ACH debit, it transfers funds immediately and should appear in your bank account within one business day.
To initiate an ACH debit transfer:
Using checks is another method to transfer funds from your TD Ameritrade account. You can use checks for many purposes, including paying off debt, making charitable contributions and buying goods or services. You can issue checks for any amount -- large or small.
To write a check, log into your TD Ameritrade account and click on My Account. Click the Payments tab at the top of the page and select Write Check.
Enter all necessary information about whom you're sending money to and how much you're sending, including other instructions (such as payment for goods/services). Click Pay Now.
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