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It is crazy. It was not a bank teller. It was a loan officer. I think also maybe second in command at the PNC bank.

@Sig read about the problems others are having here: https://forum.ampfutures.com/forum/amp-brokerages-and-trading-information/banking/8103-anyone-having-trouble-sending-money-via-ach/page2 Read the comments on page 1 of the link also.

One of My banks IS PNC. They would not do an ACH transfer “push” from my personal account to AMP when I took the AMP‘S info to them that AMP supplies on their website for ACH. PNC told me In person that AMP has to initiate the ACH. I am located in USA. Live here and have my bank account here.

You are probably doing the ach from business account. Try from a personal account to a business account (like AMPS account) and it cannot be done. At least I have not found a bank who will do it. And AMP requires the name on the Bank account match exactly the name on the account the trader has...

I didn’t want to use billpay from my online bank account as you never know they may mail AMP a physical check and it takes so long and I can do that anyway! I did try To create a transfer set from my bank account portal using AMP routing and account numbers. It still won’t work even after...

I am looking at https://sierrafutures.stage5trading.com/ They offer Sierra chart which is a platform I have used on the past and really like it. RT in the micros such as MES MYM MNQ is .99 all included. A little more than RT with AMP. And sierra futures uses the sierra chart Denali feed which I...

Onlyst thing is if they can’t get ACH right what about the rest of their service? I am having second thoughts about AMP.

Well the thing is AMP has NO response. They don’t seem to know what tell me. I have talked to at least 3 people best I remember. Nobody knows. I want my money to go “poof” right into my account at AMP but I cannot figure out a way to get it there by ACH and they don’t know either or they are...

My car insurance initiates an ACH w/d from my bank account every month. My health insurance likewise. My prescription drup plan likewise. All I ever gave them Was my bank account number And the routing number. They initiate the ach transfer every month from their end. I do nothing but make sure...

I am a US client. I took the exact info you showed in your post to the bank. AMP has it on their website. I took a snapshot. The bank took one look at it and said AMP IS THE ONE that has to ask my bank for an ACH. Not the bank send an ACH to Amp. Amp has to initiate it. How can AMP be so...

Why does AMP do this? It is ridiculous.

Ok explain the steps.

No all the banks say AMP has to initiate the ACH request. Just like my insurance does ACH. Each month they request the funds via ACH. I have never ever had to do anything or setup anything. AMP HAS TO INITIATE THE REQUEST FOR FUNDS.

How can a brokerage be so ignorant to not know that THEY have to be the ones to initiate an ACH. Amps chat help is useless. They have no idea what to do. All the banks will tell that Amp has to initiate the ach transfer. How can AMP offer ACH when they cannot figure out they have to initiate it...

Has anyone used AMP’s service called ACH To fund an AMP account? If so how did you do it?

Have you used AMP ACH to fund your brokerage account and to make w/d?