How to Move Money Between E-Trade Accounts

How to Move Money Between E-Trade Accounts
••• Comstock Images/Stockbyte/Getty Images

E_TRADE is an online brokerage firm that provides investment and financial products. It also operates 30 retail locations throughout the United States. Offering an array of financial accounts, E_TRADE services include bonds, stocks, mutual funds, options, traditional individual retirement accounts and Roth IRAs. Clients can easily move money between their E*TRADE accounts through the Quick Transfer feature.

Quick Transfer

E_TRADE’s Quick Transfer program allows you to move money between E_TRADE accounts as well as to and from outside accounts. After logging onto your E*TRADE account, go to the Move Money page. From there, select which account to transfer from and which to transfer to, as well as the transfer amount. You can also choose a date to transfer and indicate whether it is a one-time transaction or a recurring one. From there, click on “Preview” and double-check that all the information is correct before hitting “Confirm.”

Making Changes

You can change transfers by visiting the Transfer Activity page and clicking on the scheduled transfer you want to modify. You can either edit details or delete the transfer completely. The status of a transger -- whether scheduled, in process, completed, failed or returned -- is available in the status column next to each scheduled transfer.

Restrictions

You can transfer up to $100,000 a day. Money transferred between E_TRADE brokerage accounts and E_TRADE bank accounts between 7 a.m. and 6:30 p.m. Monday through Friday is available immediately. Funds transfered between 3 a.m. and 9 p.m. from one E_TRADE bank account to another is available immediately. Funds moved between 7 a.m. and 6:45 p.m. from one E_TRADE brokerage account to another is available right away.