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ACH Funding Instructions

ACH Funding Instructions

You can electronically transfer funds to and from your checking account to your AutoShares account. ACH transfers typically take 24-48 hours to process and are available for no charge. There is a limit of $50,000 per day for all ACH transfers.

* Funding must be initiated from an account with the same name
as your AutoShares Brokerage Account. No third-party transfers.


Initial ACH Setup Instructions

Setting up your first ACH requires you to complete an initial setup process. 

* The minimum amount for ACH transfer is $100, incoming or outgoing.
* ACH Relationships cannot be established for UTMA/UGMA accounts.
* In the event that an ACH is reversed by NACHA, a $25 fee will be charged and the account will be asked to send funds via an alternate method (wire, cashier's check, or certified funds). Funds from ACH deposits cannot be withdrawn for a period of 5 business days due to our clearing firm's policy.