How to Wire Money to Fidelity Account: A Step-by-Step Guide

To wire money to a Fidelity account, you'll need to gather some information first. You'll need the Fidelity account number and the routing number for Fidelity, which is 0433.

Next, you'll need to find a financial institution that offers wire transfer services. Fidelity recommends using a bank or credit union that offers wire transfers. Some banks even offer online wire transfer services, making it easier to transfer funds.

To initiate a wire transfer, you'll need to contact the financial institution and let them know you want to send a wire transfer to Fidelity. They'll guide you through the process and help you fill out the necessary paperwork.

To set up your Fidelity account for transferring money, you'll need to link a bank account to your Fidelity account and select whether to enable it for bank wire or EFT.

You can choose to enable your account for both bank wire and EFT, so it's worth considering which option is right for you.

To start a transfer, you'll need to save your instructions, which will vary depending on whether you choose EFT or bank wire.

Keep in mind that different information is required for each transfer type, so be sure to double-check your details before proceeding.

You can wire money to your Fidelity account using a bank wire or EFT. Bank wires are the fastest way to send money, with funds typically available the same day if completed before 4 p.m. ET on a business day.

To send a wire, you'll need the routing and account numbers, name, address, and contact information of the recipient. For wires to your own account, you'll need the routing and account numbers you're wiring to.

For brokerage accounts, you'll need to wire funds to J.P. Morgan Chase, NY, with a routing number of 021000021. For mutual fund only accounts, you'll need to wire funds to Deutsche Bank Trust Company, with a routing number of 021001033.

You can find the necessary information on your Fidelity account or by contacting Fidelity customer service. The transfer limit for bank wires is $1 million per day, per client, with a minimum amount of $100.

Here's an interesting read: Wire Transfer Send Money to India

Here's a summary of the necessary information for wire transfers:

Keep in mind that Fidelity doesn't charge wire fees, but your bank may charge a fee. Transfers initiated from your bank will generally take 1-2 days for processing but have no hold period when your money arrives at Fidelity.

You might like: Venmo Unauthorized Transaction

Fidelity doesn't charge a fee for sending or receiving EFTs, but the receiving bank may charge a fee.

Fidelity also doesn't charge fees to process wire transfers to a bank or other recipient.

If you're transferring money to an account at another bank, the receiving bank may charge an incoming wire transfer fee, which is usually around $25.

The bank or financial institution that initiates the wire transfer may charge you a fee, which can range around $25.

Fidelity itself doesn't charge a fee for wire transfers, whether you're sending or receiving them.

You can transfer money into or out of a Fidelity account through various methods.

You can use third-party payment apps like PayPal and Venmo, or mobile payments like Apple Pay, Google Pay, and Samsung Pay, as Fidelity accounts are compatible with these services.

Paper checks are another option for depositing or withdrawing money, and you can even upload a photo of the check to the Fidelity Mobile App for a quick and easy deposit.

Withdrawals can be sent via a paper check that's mailed to you or another recipient, taking about 5 to 6 business days to process.

Related reading: Check Bill Payment

To wire money to your Fidelity account, you'll need to follow these steps. The fastest way to transfer money is by sending a bank wire, which has no hold period and is available almost instantly.

You can wire funds to either J.P. Morgan Chase, NY for brokerage accounts or Deutsche Bank Trust Company for mutual fund only accounts. The routing number for brokerage accounts is 021000021, while it's 021001033 for mutual fund only accounts.

Here's an interesting read: Mutual Fund Only Account

For credit to go to the correct account, use National Financial Services LLC for brokerage accounts and Fidelity Group of Funds for mutual fund only accounts. Your account number will also be needed, which is 066196–221 for brokerage accounts and 00163053 for mutual fund only accounts.

Listing all owners on the Fidelity account is also required, including contribution type for retirement accounts. Finally, specify your account number, which should include letters if applicable, for the final credit to go to your account.

Here's a summary of the required information for a wire transfer:

Transfers initiated from your bank will generally take 1–2 days for processing, but have no hold period when your money arrives at Fidelity.