Get By Signing This Authorization, You Acknowledge That (i) You Are Requesting The Ability To Make Fund

EFT payments are usually processed in 1-4 business days. Keep in mind that once you initiate an EFT payment, you can't cancel it, unlike check payments. If you send funds by mistake, you must ask the receiving party to refund it once they get your payment.

Online transfers (or EFTs) from a checking or savings account should process within 1 to 3 business days if you submit your transfer by 4 p.m ET. If you deposit a check via mobile app before 4 p.m. ET, the deposit should process within 4 business days.

The actual transfer time depends in part on how quickly your assets are released by the firm currently holding your investments. In addition, assets from your account may transfer to Fidelity at different times.

The new Electronic Funds Transfer form (EFT) no longer requires a notary signature. To have your check deposited by EFT, you are required to complete the Electronic Funds Transfer Authorization Form and attach a personalized voided check or copy of a recent bank statement.

For preauthorized transfers from an account (debits), written authorization from the consumer must be obtained and a copy of that authorization must be provided to the consumer by the party receiving the authorization.

EFT transactions typically take 48 – 72 hours to settle.

Timing. EFTs in and out of Fidelity accounts are generally received within 1-3 business days, though the funds may immediately be available for trading. Electronic funds transfers (EFTs) are not processed on Saturdays, Sundays, or New York Stock Exchange and bank holidays.

All Fidelity brokerage and mutual fund accounts are eligible for electronic funds transfer (EFT), with the exception of self-employed 401(k) plans, self-directed brokerage accounts, SIMPLE IRAs, Fidelity Retirement plans (Keogh), and non-prototype accounts.