FAQs: How to Wire Money Into a Fidelity Account
How do I tell if my account is a brokerage or mutual fund account?
Fidelity mutual fund accounts start with the number "2" followed by two letters (e.g., 2AB). If you don't see a "2" at the beginning of your account number, then you have a brokerage account. All brokerage account wires are credited to the core account, whereas mutual fund account wires are credited to the specific fund you indicate.
What happens if I request a bank wire after 4 p.m. ET?
- Brokerage accounts: If your wire is received after 4 p.m. ET, typically it's processed the next business day. You may want to check with your bank to confirm what time they sent the wire.
- Mutual fund accounts: If your wire is received after 4 p.m. ET, typically it's processed the next business day. That means the mutual fund shares are purchased at that business day's market close, and you'll see those shares in your account on the following business day. You may want to check with your bank to confirm what time they sent the wire.
Can I set up permanent bank wire instructions?
Not for incoming wires; however, you can add permanent bank wire instructions to your Fidelity account to make outgoing wire transfers. If you add banking instructions, make sure to verify the information periodically as sometimes bank routing numbers change.
Can I wire U.S. dollars (USD) from a foreign bank to my Fidelity account?
Yes, to wire USD from a foreign bank use the Information Needed to Wire to Your Fidelity Account, and make sure you indicate the appropriate SWIFT codes. Banks may choose other networks besides SWIFT to send funds. To ensure your wire is credited accurately, please make sure your instructions include the Fidelity account number you want to credit.
Note: If you need to wire foreign currency, there are some additional instructions. Learn more about Foreign Currency Wire Transfers and call us for help at 800-343-3548.