FAQs: How to Wire Money From Fidelity to a Bank Account
What happens if I request a bank wire after 4 p.m. ET?
- Brokerage accounts are debited and the money is typically credited to your bank account by the close of that next business day; however, we suggest checking with your bank to determine when your account is credited.
- Mutual fund accounts are debited the following day at market close. The wire is sent the next business day and the money is typically credited to your bank account on that same day; however, we suggest checking with your bank to determine when your account is credited.
Can I set up permanent bank wire instructions?
Yes, but make sure to verify the information with your bank periodically as sometimes bank routing numbers change.
Are there other ways to get money moved between Fidelity and my bank?
Yes, you can set up electronic funds transfer (EFT). Just follow the steps on your Bank InformationLog In Required to set up EFT. If you have questions on EFT, please see How to Add Electronic Funds Transfer (EFT) to Your Account.
Note: While Fidelity does not charge a fee for EFT, there's a fee for sending bank wires: $10 online and $15 if you go through a representative.
Can I set up outgoing wire instructions to send money to a foreign bank?
Yes, but you have to do this in writing. Please complete the Bank Wire Authorization (PDF) form and send it to:
PO Box 770001
Cincinnati, OH 45277-0002