Cash Management FAQs: Move Money

Electronic funds transfer (EFT)

  • How long does it take to establish EFT?

    It only takes a few minutes to complete the EFT setup process.

    Deposits are generally available for withdrawal or to purchase securities online within 4 business days.

  • When will my funds be available?

    Deposits to your Fidelity account will be credited the same day if your request is received by 4 p.m. ET. Withdrawals are completed within one to two business days, but posting and availability may be longer, depending on your bank.

    Deposits are generally available for withdrawal or to purchase securities online within 4 business days.

    EFTs are not processed on Saturdays, Sundays, or New York Stock Exchange and bank holidays.

  • What types of bank accounts are eligible for EFT?
    • Your bank account must be a checking, NOW, non-passbook savings, or money market deposit account.
    • At least one common name must match exactly between your Fidelity account and your bank account.
    • Bank accounts include non-Fidelity investment accounts that accept ACH activity using a routing (or ABA) number and your account number.
  • What types of Fidelity accounts are eligible for EFT?

    All Fidelity brokerage and mutual fund accounts are eligible for EFT, with the exception of self-employed 401(k) plans, Self-Directed Brokerage, SIMPLE-IRA, Keogh and non-prototype accounts. Trust and business accounts must establish the EFT service by completing a paper application.

    Inherited IRA accounts cannot accept contributions via EFT.

  • Are there restrictions on the amount of money that can be transferred via EFT?

    Yes, generally, Fidelity brokerage accounts have a maximum transfer amount of $100,000. Fidelity Fund accounts have a maximum transfer amount of $250,000 for deposits and $100,000 for withdrawals. Additional restrictions apply depending on your situation. You will be provided with an explanation of these and other terms of use during enrollment and/or usage of the service.

Automatic withdrawals

  • How do I authorize billers to debit my eligible accounts directly?

    If you wish to authorize billers to debit your eligible accounts* directly, you will need to provide:

    • Fidelity’s ABA or routing number (101205681)
    • Your 17-digit Fidelity account number format

    If you have the checkwriting feature, use your Fidelity checks to find and provide your 13-digit account number format:

    Fidelity Check ABA Number

    If your account type Is:Formatting instructions
    Nonretirement brokerage accounts beginning with X, Y or Z

    When asked for the account number:

    Use 39900000 followed by your Fidelity brokerage account number. Substitute the following numbers for the letters in your account number:

    X use number 5
    Y use number 6
    Z use number 7

    All other nonretirement
    brokerage accounts
    39900001 followed by your 9-digit account number


    • As an alternative to direct debits, you can use Fidelity BillPay® with eBills to schedule regular or one-time payments to your biller.
    • Fidelity accounts are considered a checking account for direct debit purposes.

    * Only nonretirement brokerage accounts are eligible for direct debit.