If it is PUSHED from bank, it is available immediately.
PULLED requires some days to settle. The length of days depends on how old is your account and how much assets you have your account.
Schwab takes 7 days to let you use your money if it is Pulled. Fido lets you to use your money to buy funds but not for withdrawal until it is settled.
The reason is that, ACH can be reversed by the other party.
If you WIRE in your funds from the bank, it is available 100% immediately when the Fed Fund (the wire) hits the account.
Our Fido account is several decades old. ACHs in or out are immediately in effect.
请教: fidelity股票账户brokerage 是Individual - TOD 的balance是80k，可Available to trade 是25k，钱已经到帐2天了。一只股票都没有买卖过。 这是什么情况？谢谢指点。
谢谢大师指点！现在没搞清楚fidelity brokerage trade 页面，是否有什么初学手册先看看？3天前从银行转了80k到股票账户，股票账户也显示80k， 可是Available to trade 是25k， 这是为什么？
is your Individual - TOD acct an cash acct or margin acct?
Fidelity® Government Money Market Fund (SPAXX)
not available for withdrawal until settled. So the $25k is safe to trade right away.
PULLED requires some days to settle. The length of days depends on how old is your account and how much assets you have your account.
Schwab takes 7 days to let you use your money if it is Pulled. Fido lets you to use your money to buy funds but not for withdrawal until it is settled.
The reason is that, ACH can be reversed by the other party.
If you WIRE in your funds from the bank, it is available 100% immediately when the Fed Fund (the wire) hits the account.
Our Fido account is several decades old. ACHs in or out are immediately in effect.