Anyone Know About E*Trade

Kinja'd!!! "Chuck 2(O=[][]=O)2" (pompei426)
03/26/2014 at 19:31 • Filed to: None

Kinja'd!!!0 Kinja'd!!! 10
Kinja'd!!!

I sold some securities and would like to transfer the funds back to my checking account, but I can only transfer what was previously available for withdrawal. How can I make my proceeds eligible for transfer? Have an Alfa WP for your troubles.


DISCUSSION (10)


Kinja'd!!! Brian Silvestro > Chuck 2(O=[][]=O)2
03/26/2014 at 19:32

Kinja'd!!!0

Fuck I figured this out when I had this same problem but I can't remember how I did it.


Kinja'd!!! Chuck 2(O=[][]=O)2 > Brian Silvestro
03/26/2014 at 19:34

Kinja'd!!!2

Kinja'd!!!


Kinja'd!!! Brian Silvestro > Chuck 2(O=[][]=O)2
03/26/2014 at 19:36

Kinja'd!!!0

Kinja'd!!!


Kinja'd!!! Chuck 2(O=[][]=O)2 > Brian Silvestro
03/26/2014 at 19:39

Kinja'd!!!0

Kinja'd!!!

I kid, thanks for letting my know it's possible.


Kinja'd!!! IDROVEAPICKUPTRUCK > Chuck 2(O=[][]=O)2
03/26/2014 at 19:41

Kinja'd!!!1

How long ago did you sell the securities? By law there is a three day hold after selling securities before the money can be transferred or withdrawn unless you're using it to buy more securities in the same account.


Kinja'd!!! Chuck 2(O=[][]=O)2 > IDROVEAPICKUPTRUCK
03/26/2014 at 19:42

Kinja'd!!!0

Ahh, I was thinking that was the problem. It was two days ago.


Kinja'd!!! Brian Silvestro > Chuck 2(O=[][]=O)2
03/26/2014 at 19:48

Kinja'd!!!0

No problem!

Kinja'd!!!


Kinja'd!!! NotUnlessRoundIsFunny > Chuck 2(O=[][]=O)2
03/26/2014 at 19:54

Kinja'd!!!0

I think what you're looking for is the "settlement date," when the funds are actually available to do with what you will. That takes a few days.


Kinja'd!!! deekster_caddy > Chuck 2(O=[][]=O)2
03/26/2014 at 20:07

Kinja'd!!!1

Yeah it's usually 3 days before you can transfer the money elsewhere. I have ETrade and if you sell you can also buy right away with the same money. You just can't take it out of the account.


Kinja'd!!! YoungPadwan > Chuck 2(O=[][]=O)2
03/27/2014 at 13:08

Kinja'd!!!0

You need to wait until the sale has settled in order to transfer funds.