We know that timely money movement is important, especially when unexpected emergencies come up. The exact timing of when your cash will arrive in your bank account depends on what you're doing:
- Moving money to your Stockpile account. If you're moving money from your bank into your Stockpile account, it usually takes 2 to 3 business days as long as you initiate your transfer before your bank's cut off time. If you're moving more than $10,000, it will take an extra business day because the government requires us to vet larger transactions.
- Moving money to your bank. If you're moving money from Stockpile to your bank, it will take between 3 and 5 business days if you initiate your transfer before 3 pm ET and as long as the money is already in cash. This depends on the bank or credit union and unfortunately there is nothing we can do to speed up the process on our end. Both "moving money" timelines may be affected by any hold times your bank adds. We are currently working on solutions to speed up this process!
- Selling stock. If you're selling stock, it takes 2 business days for the trade to settle. (If you would like to read more about T+2, please click here.) Your cash will show up in your account as unavailable cash the day you sell your stock, and will convert to available cash 2 business days later.
We are working around the clock with our clearing bank, BMO, to improve on the current cash transfer time. Thank you for your patience and being a valued Stockpile investor!