Routing Number Essentials For Wiring Fidelity Investments

If you're looking to wire money to or from your Fidelity account, you'll need to know the routing number for the specific type of transaction. Routing numbers are used to identify the financial institution and are necessary for sending and receiving funds. In the context of wiring money to or from Fidelity Investments, different routing numbers are required depending on the type of account and the financial institution involved. For example, for Fidelity Investments Money Market (FIMM) Funds and Same Day Money Market funds, the Bank of New York is used with the routing number 0210 0001 8. On the other hand, for Variable Insurance Product (VIP) Funds, Bond, and Retail Money Markets, the routing number for Deutsche Bank Trust Company Americas is 0210 0103 3. It's important to use the correct routing number to ensure your transactions are processed accurately and efficiently.

Fidelity's routing number for electronic funds transfer (EFT) or direct deposit is 101205681

If you're looking to transfer money to your Fidelity account, there are several ways to do so, including electronic funds transfer (EFT), bank wire, check, or through services like Venmo or PayPal.

The routing number is required for electronic funds transfer (EFT) or direct deposit. Fidelity's routing number for electronic funds transfer (EFT) or direct deposit is 101205681. This number is also known as the ABA number.

To link a bank account to your Fidelity account, log in to Fidelity.com and go to "Linked accounts and banks." After a simple verification of your identity, you can choose to securely link your bank using Plaid or manually enter your routing and account numbers to finish setting up your bank.

If you're setting up a direct deposit, you can visit "Determine Your Routing and Account Numbers" for more information.

The fastest way to send money from your Fidelity account is via bank wire

Bank wire is the fastest way to send money from your Fidelity account. Wires sent before 4 pm ET on a business day are typically available the same day. To send a wire transfer, you will need some basic information: your routing and account numbers for wires to your account, and the recipient's routing and account numbers, name, address, and contact information for wires to another person. You can also send wires internationally, but you will need to fill out a form or call 800-544-2976.

Fidelity does not charge fees for wire transfers, but your bank may charge a fee to send a wire. There is a transfer limit of $1 million per day, per client, and a minimum amount of $100 for each wire transfer. If you need to wire more than $1 million in one business day, you can call Fidelity's customer service line at 800-343-3548.

To get started with a bank wire transfer, you will need to initiate the transfer from your current financial institution. You can find the necessary information for wiring to your Fidelity account on the Fidelity website.

In addition to bank wire, there are several other ways to transfer money to your Fidelity account, including electronic funds transfer (EFT), check, and through services like Venmo or PayPal.

Wires sent before 4 pm ET on a business day are typically available the same day

When it comes to wiring money to or from your Fidelity account, it's important to understand the process and the relevant routing numbers. Wires sent before 4 pm ET on a business day are typically available the same day, making wire transfers one of the fastest ways to securely transfer funds. Here's a detailed overview of the process and what you need to know:

Wiring Money to Your Fidelity Account:

To wire money to your Fidelity account, you need to initiate the transfer from your external bank. This can be done by providing your bank with the necessary information, including the routing number and your account number. The routing number, also known as the ABA number, for electronic funds transfers (EFT) or direct deposits to Fidelity is 101205681. It's important to note that this routing number is specifically for incoming transfers to your Fidelity account.

Wiring Money from Your Fidelity Account:

When sending a wire transfer from your Fidelity account, you have the option to transfer funds to your own account or to someone else. For wires to your own account, you will need the routing and account numbers you are wiring to. On the other hand, for wires to someone else, you will require the recipient's routing and account numbers, name, address, and contact information. It's important to ensure that all the information provided is accurate to facilitate a smooth and secure transfer.

Timing and Availability:

The timing of your wire transfer plays a crucial role in determining its availability. Wires sent before 4 pm ET on a business day will typically be available on the same day. This means that if you initiate the transfer before the cut-off time, the funds should be accessible in the receiving account by the end of the business day. However, it's important to note that while Fidelity does not charge fees for wire transfers, your bank may impose fees for sending or receiving the wire.

Transfer Limits:

Fidelity sets daily transfer limits for wire transfers to ensure secure and efficient transactions. The transfer limit for bank wires is $1 million per day, per client. Additionally, there is a minimum amount for each bank wire, which is $100. Should you need to exceed the daily transfer limit, you can contact Fidelity's customer service line for assistance.

In summary, wire transfers to or from your Fidelity account offer a fast and secure way to move funds. By understanding the relevant routing numbers, initiating transfers before the cut-off time, and being mindful of transfer limits, you can ensure that your wire transfers are typically available on the same day for transactions made before 4 pm ET on a business day.

Fidelity never charges fees for wire transfers, but your bank might

Wire transfers are a fast and secure way to transfer money between bank accounts. They are particularly useful when you want to transfer large sums of money. When initiating a wire transfer, you will need the routing and account numbers of the account you are transferring to, as well as the name, address, and contact information of the recipient.

It is important to note that there are daily limits to the amount of money you can send via wire transfer, and some transactions have minimum dollar amounts. The transfer limit for bank wires is $1 million per day, per client, with a minimum amount of $100 per wire transfer. If you need to transfer more than $1 million in one business day, you can contact Fidelity's customer service line for assistance.

Additionally, wire transfers typically need to be reviewed and verified by employees at both the sending and receiving firms before they are processed. This ensures that the sender has the funds to complete the transfer and that the receiving account is available to accept the money. Due to this verification process, wire transfers sent after 4 pm ET may not be available until the following business day.

To wire to a Fidelity account, you can start the process with your current financial institution

To wire money to a Fidelity account, you can start the process with your current financial institution. This is the fastest way to get money into a Fidelity account. You will need to provide your financial institution with some information to complete the wire transfer. This includes the routing number, your account number, and the contribution type for retirement accounts. You can find the routing number by logging into your Fidelity account, navigating to the "Linked accounts and banks" section, and selecting the button to link a new bank account. Alternatively, you can refer to the list below for the routing number that corresponds to your specific Fidelity account:

• For Variable Insurance Product (VIP) Funds, Bond and Retail Money Markets, the routing number is 0210 0103 3.
• For Fidelity Investments Money Market (FIMM) Funds and Same Day Money Market funds, the routing number is 0210 0001 8.
• For electronic funds transfers (EFTs) or direct deposits, the routing number is 101205681.

It is important to note that wire transfers typically process on the same day if completed before 4 pm ET on a business day. While Fidelity does not charge a fee to receive wire transfers, your bank may charge a fee to send the wire.

Frequently asked questions