Funds Withdrawal Question

[blackcat54]

Most brokers offer a check in the mail form of fund withdrawal. Only a few offer ACH electronic fund transfer to a personal checking account. The check in the mail seems so old fashioned and inconvenient to me. The only two brokers I found with electronic fund withdrawal is IB and Cobra.

Can anybody add to my list of brokers that offer ACH funds withdrawal?

Thanks,

Dennis

 

[cstfx]

just about every broker offers electronic wire ability for funding and withdrawals, which is not checks.

But to answer your question, MBT, TOS, and Lightspeed also offer ACH transfers

 

[Hurricane]

E-Trade and Fidelity do ACH transfers.

 

[Hook N. Sinker]

There may be a substantial fee for electronic funds transfers. You might ask the broker about electronic funds transfer fees.

 

[Daal]

Quote from Hook N. Sinker:

There may be a substantial fee for electronic funds transfers. You might ask the broker about electronic funds transfer fees.

At IB an ACH is quite a bit cheaper than a wire or check

 

[uptickk]

At TOS an ACH transfer is free.